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Amendment to Italy import steel slab price assessment: pricing notice

After a month-long consultation, Fastmarkets has amended the specification of its weekly steel slab, import, cif Italy, price assessment. To better reflect the material traded in the market, Fastmarkets has reduced the range of specified widths to 1,500-2,500 mm from 1,000-2,500 mm. The publication day of the assessment has also been changed from Friday to […]

June 5, 2025
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By Holly Chant

Insights
Amendment to European steel plate price assessments: pricing notice

After a month-long consultation period, Fastmarkets has amended the publication day of its weekly European steel domestic plate and import plate assessments from Wednesday to Thursday, to better align with related markets. The amended specifications are listed below (changes in italics): MB-STE-0034 Steel domestic plate 8-40mm, exw Northern Europe, €/tonneQuality: S235JR, width 2,500mm, length 12,000mm, thickness 8-40mm […]

June 5, 2025
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By Holly Chant

Insights
Verra delays crucial VM0048 baselines and tight liquidity provides further support to Katingan prices

Carbon registry Verra announced on Friday May 23 a delay in the release of the final deforestation risk maps required under the Reducing Emissions from Deforestation and Forest Degradation (REDD+) methodology VM0048. The registry said that the delay is intended to ensure the data meets Verra’s standards for high quality and to enhance transparency throughout the data development process.

June 5, 2025
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By Kanchan Yadav

Insights
US scrap trends outlook: June 2025

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

June 4, 2025
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By the Fastmarkets team

Insights
Correction to alumina index, fob Australia, plus derived prices, on June 2/3: pricing notice

Fastmarkets has corrected its fob Australia alumina index, which was published incorrectly on Monday June 2 and Tuesday June 3 due to a back-end calculation error. Fastmarkets has also corrected all the related inferred indices. On June 2 the following prices were published incorrectly: Fastmarkets’ MB-ALU-0002 Alumina index, fob Australia, was published in error as $375.59 per […]

June 4, 2025
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By James McKeigue

Insights
South Africa’s new critical minerals policy draw critical eye of buyers, miners

South Africa’s newly approved Critical Minerals and Metals Strategy and the draft of the 2025 Mineral Resources Development Bill (MRDB) have drawn significant attention from global market participants, particularly manganese and chrome buyers in China.

June 4, 2025
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By Tina Tong, Holly Chant, Jessica Long, the Fastmarkets team

Insights
UPM scraps plans to develop second biofuels refinery in Rotterdam

The announcement comes amid wider reports of general market uncertainty in the European biodiesel space, as producers struggle to operate profitably against a backdrop of consistently high feedstock prices. “The complexity of a multi-feedstock greenfield investment leading to comparatively high capital (CAPEX) and operating (OPEX) costs, combined with a market that demands competitive production economics, […]

June 4, 2025
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By Alexandra Chapman

Insights
Packaging GCC index for testliner slightly up in May

Get insights on RCCM market trends in the GCC for May. Prices remain stable, with some signs of increased demand noted.

June 4, 2025
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By Mariam Icar

Insights
Why is it important to report the carbon emissions of pulp and paper mills?

Explore carbon emissions reporting and practices in the pulp and paper industry with Fastmarkets' benchmarking tool.

June 4, 2025
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By Kim Nguyen

Insights
Correction to rationale of crude palm oil, Indonesia PTPN tender

The rationale for AG-PLM-0017 crude palm oil, Indonesia PTPN tender had erroneously stated 1,000 tonnes traded, 5,000 tonnes offered. This has been been corrected to 1,500 tonnes traded, 5,000 tonnes offered. The published price is unaffected by this change. These prices are part of the Fastmarkets Ags Oils, Fats and Biofuels package. For more information or to provide […]

June 3, 2025
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By Min Jie Yaw

Insights

Top stories across markets

First US nickel refinery Westwin Elements enters $1.4 billion offtake agreements with Traxys

Westwin Elements, America’s first nickel refinery, has secured $1.4 billion in long-term deals with Traxys, boosting the domestic critical minerals supply chain and reducing import reliance.

August 5, 2025

By: David Bartle

steel scrap prices - Crane loading steel scrap at steel scrap yard

US scrap trends outlook: August 2025

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

August 5, 2025

By: the Fastmarkets team

Fastmarkets launches world-first Saudi Arabian steel scrap price index

Fastmarkets, a leading provider of pricing data, news and market intelligence for global commodity markets, is proud to announce the launch of a tonnage-weighted steel scrap price index for the Saudi Arabian domestic market. This first-of-its-kind initiative marks a milestone in the global metals industry by providing a transparent and reliable price benchmark for Saudi […]

August 5, 2025

By: Yolande Peters

Brazilian tallow prices hold firm despite 50% US tariff and exports disruption

A tight supply scenario kept Brazilian domestic animal fats prices firm in the week to Thursday July 31, despite the recent disruption of tallow flows following the 50% US tariff against Brazil announced on July 9. Export prices were unchanged amid ongoing uncertainties.

August 4, 2025

By: Taís Laporta

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