Cost and availability concerns around copper have accelerated aluminium substitution in heating, ventilation, and air conditioning (HVAC) systems, with aluminium now used in an estimated 40% of global units, Lionel Chapis, Norsk Hydro’s senior vice president of Hydro Precision Tubing, told Fastmarkets in an exclusive interview on Tuesday August 26.

Cost and availability concerns around copper have accelerated aluminium substitution in heating, ventilation, and air conditioning (HVAC) systems, with aluminium now used in an estimated 40% of global units, Lionel Chapis, Norsk Hydro’s senior vice president of Hydro Precision Tubing, told Fastmarkets in an exclusive interview on Tuesday August 26.

Domestic prices for tallow in Brazil rose to their highest levels on Thursday August 28 since Fastmarkets started the assessment in October 2024.

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

This proposal follows the transition of the settlement of the Chicago Mercantile Exchange No1 busheling contract to Fastmarkets’ assessment of the Chicago No1 busheling price on December 16, 2024. The index has remained active in the interim to support existing contracts that are settled against that calculated number. The specifications for the affected index are […]

The list of incorrect and corrected prices for AG-SYB-0082 Crush Margin US Soy M1 c$/bu can be found here. Fastmarkets’ pricing database has been updated to reflect this change. These prices are part of the Fastmarkets Grains and Oils, Fats and Biofuels packages. For more information or to provide feedback on this correction notice or if you would like […]

After a consultation period from July 1 to July 31, Fastmarkets made the decision to discontinue these assessments because the premium no longer reflects market conditions, because the market typically trades on an outright price basis instead of as a premium to Chicago Mercantile Exchange futures. For that reason, Fastmarkets will discontinue the AG-WHE-0025 Wheat 10% FOB […]

Fastmarkets has corrected its AG-CH-0039 Hides, Colorado branded steers, regular-weight, $/piece, AG-CH-0040 Hides, Colorado branded steers, regular-weight, $/lb and AG-CH-0027 Hides, Heavy native dairy steers, $/piece, which were published incorrectly on August 20, 2025.

Steel prices in the US would be weaker if not artificially propped up by trade tariff pressures as underlying demand is depressed, several market participants told Fastmarkets on Friday August 8.

What factors are driving the significant downturn in US housing starts, accompanied by a decrease in building permits?