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Canada unveils C$1.5 bln financing program to support US tariff-hit metals industry
The Canadian government announced on Tuesday May 4 a new financing program worth C$1.5 billion ($1.1 billion) to help mitigate the effect of US metals tariffs and support several of Canada’s tariffed industries.
May 11, 2026
·
By Rijuta Dey
Insights
Low exports drive price hikes for US recovered paper; OCC, DLK
Recovered paper prices for old corrugated containers (OCC) and new double-lined kraft cuttings (DLK) increased in May, driven by strong domestic and export demand, coupled with persistent trucking slowdowns.
May 8, 2026
·
By the Fastmarkets team
Insights
End of open consultation on methodology for US pig iron import assessment: pricing notice
This consultation, which was open until April 30, sought to ensure that our methodologies continue to reflect the physical market, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency. The price under review was:MB-IRO-0004 […]
May 7, 2026
·
By Fastmarkets pricing team
Insights
How Project Vault is being built: Hotter Commodities
A new US-backed structure is attempting to turn critical minerals inventory from a cost burden into a strategic asset. Project Vault combines pooled demand, private governance and capped-return financing to create a shared supply buffer—and potentially the first steps toward price discovery in fragmented markets.
May 6, 2026
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By Andrea Hotter
Insights
US steel HRC supply fears get ‘no comment’ from mills, legislators
US steel mills were operating in April 2026 at their highest capacity utilization rate since 2024, but because many domestic producers have gone long on contracts this year, buyers continued to report difficulty in securing tonnages of steel hot-rolled coil on the spot market.
May 5, 2026
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By Rachel McGuire, Margie Palmer
Insights
HRC rally pushes US Galvalume price up by $30/t in April despite soft demand
The US domestic Galvalume price increased by $30 per ton in April despite soft end demand. The coated price boosted solely based on continuing strength in the hot-rolled coil market, sources said.
May 5, 2026
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By Rijuta Dey
Insights
Fastmarkets launches US bismuth, indium and gallium prices: pricing notice
Fastmarkets has launched three new critical minerals prices on Friday May 1 to improve transparency in the US market. The additional prices are: MB-BI-0004 – Bismuth 99.99%, ddp US, $/lbMB-IN-0005 – Indium 99.99%, ddp US, $/kgMB-GA-0003 – Gallium 99.99%, ddp US $/kg The launch of the bismuth and indium price assessments follow a consultation period […]
May 1, 2026
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By Fastmarkets pricing team
Insights
US says allies should pay national security premium for critical minerals; market reacts
The US has stepped up calls for its allies to accept higher costs for sourcing critical minerals outside China, arguing that supply chain security must take precedence over price efficiency – a stance that is reshaping expectations across metals markets but has yet to translate into durable pricing support.
April 27, 2026
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By Shalina Cao, Shiyue Zhao, Nico Zhang, Zihao Li
Insights
Correction to Renewable Diesel, del Los Angeles on April 17
Fastmarkets has corrected its EN-BD-0032 Renewable diesel, del Los Angeles, $/gal assessment that was published incorrectly on Friday April 17 due to a reporter error.
April 24, 2026
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By Fastmarkets pricing team
Insights
Correction to steel scrap Chicago No1 busheling weekly composite
Fastmarkets has corrected the price for MB-STE-0524 Steel scrap No1 busheling, consumer buying price, delivered mill Chicago, $/gross ton, weekly composite, which was published incorrectly on April 10 and April 17 at $449 per gross ton due to a procedural error. It has been corrected to $450 per gross ton.
April 24, 2026
·
By Fastmarkets pricing team
Insights
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