After market feedback, Fastmarkets is extending the consultation period for its proposal to discontinue its MB-STE-0423 Steel scrap shredded, index, delivered Midwest mill, $/gross ton; its MB-STE-0424 Steel scrap No1 heavy melt, index, delivered Midwest mill, $/gross ton and its MB-STE-0882 Steel scrap No1 busheling, indicator, delivered Midwest mill, $/gross ton, effective January 2025.

Fastmarkets invites feedback on the pricing methodology for its aluminium 6063 extrusion billet premiums ddp Italy, ddp North Germany and ddp Spain ahead of the definitive period of the EU’s Carbon Border Adjustment Mechanism (CBAM), which starts from January 2026.

The publication of Fastmarkets’ MB-ALU-0001 Alumina metallurgical grade, exw China, yuan/tonne for Thursday December 12 was delayed because of a reporter error. Fastmarkets’ pricing database has been updated.

Read about the key factors impacting the North American pallet market, including the evolving landscape of the US housing market and recent US election.

Japan’s government has announced plans to make carbon trading, a system of carbon dioxide (CO2) emissions quotas, mandatory for high-emission firms from the 2026 fiscal year, which could have far-reaching consequences for Asian steelmakers, sources told Fastmarkets in the week to Friday November 29.

To view and download the schedules please visit the Forest Products Methodology page. For questions and comments please contact pricing@fastmarkets.com.

Sources expect demand to rise in the first quarter of 2025, when businesses are busy preparing for Ramadan.

Here are the key takeaways from market participants on US ferrous scrap metal prices, market confidence, inventory and more from our December survey.

A second Trump administration would reorient US critical minerals policy to prioritize security over climate concerns, former inaugural US Assistant Secretary of State for Energy Resources Frank Fannon said during a fireside chat at the Resourcing Tomorrow conference in London on Tuesday December 3.

More than 500 delegates turned out on Thursday December 5 to hear an update on the state of the US green steel industry during Fastmarkets’ inaugural 'going green' webinar.