Holiday Notice: Good Friday

Fastmarkets’ United States offices will be closed on Friday April 15 in observance of Good Friday. There will be no separate AMM Daily Newsletter or AMM Scrap Settlements newsletter dated Tuesday April 19, although automated newsletters will still be available via the Fastmarkets Dashboard.

Pricing
The New York Mercantile Exchange and London Metal Exchange are closed on April 15 and the LME is also closed on Monday April 18.

Schedule changes
Steel prices in the Americas normally published on Fridays – including weekly plate and Latin American steel assessments – will instead be published on April 18 and Thursday April 14 respectively.

Nonferrous prices, including the Midwest aluminium premium, will instead be updated on April 14. Scrap prices usually due on the day, including the bi-monthly city scrap prices, will instead be published on April 18. There will be no daily hot-rolled coil index or daily busheling indicator for April 15.

To see all of Fastmarkets’ pricing methodologies and specification documents, go to https://www.fastmarkets.com/methodology.

What to read next
The publication of the following assessment was delayed: MB-AL-0052 Aluminum 6063 extrusion billet premium, delivered Midwest US, US cents/lb This price is a part of the Fastmarkets base metals package. For more information or to provide feedback on the delayed publication of this price or if you would like to provide price information by becoming a […]
The US green steel market faced minimal activity in the assessment period to Wednesday April 16, with sources reporting an unwillingness among buyers to pay a premium for low carbon steel.
Fastmarkets is further extending the consultation period for its proposal to launch a monthly high-grade nickel matte payable indicator, 65-75% nickel contained, cif China, % of official exchange price assessment, following feedback from market participants. The initial proposal to launch the assessment was published on February 26, but following feedback related to market liquidity Fastmarkets extended the consultation […]
Fastmarkets proposes to change the name and base specifications of its index for iron ore 62% Fe fines cfr Qingdao to more closely align with the specifications of prevailing mid-grade fines in the CFR China market. Following an initial consultation with the market, and a review of the typical data sets that have been collected […]
This consultation, which is open until May 22, 2025 seeks to ensure that our methodologies continue to reflect the physical market under indexation, 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. You can […]
The top end of the price was incorrectly published due to a typographical error. The price was initially published as 240,000-2,450,000 yuan per tonne. This has since been corrected to 240,000-245,000 yuan per tonne. Fastmarkets’ pricing database has been updated to reflect this change. The affected price is as follows:MB-SB-0011 Antimony 99.85% Sb min, in-whs […]