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Delayed publication of CIS, Europe pig iron, Europe HBI assessments

The prices were published at 5:47pm London time, instead of the scheduled time before 4 pm. The following prices were published late: MB-IRO-0002 Pig iron export, fob main port Black Sea, CIS, $/tonneMB-IRO-0014 Pig iron import, cfr Italy, $/tonneMB-FE-0004 Hot-briquetted iron, cfr Italian ports, $/tonne These prices are a part of the Fastmarkets Steel Raw Materials Physical Prices […]

March 13, 2025
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By Julia Bolotova

Insights
Delay to base metal rand fixing prices

A second pricing notice will follow when the pricing database has been updated. The following prices have been affected by this:MB-AL-0256 Aluminium fixing price for LME trade, rand/tonne MB-CU-0338 Copper fixing price for LME trade, rand/tonne MB-PB-0064 Lead fixing price for LME trade, rand/tonne MB-NI-0093 Nickel fixing price for LME trade, rand/tonne MB-SN-0005 Tin rand fixing price for LME trade, […]

March 13, 2025
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Insights
Tariff uncertainty stuns US aluminium spot market

The US aluminium market faces growing instability as ongoing tariff adjustments take a toll on cross-border trade with Canada. This article examines how uncertain policies are driving pricing risks, creating volatility in premiums, and forcing industry players to pause transactions.

March 13, 2025
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By Yasemin Esmen

Insights
How Section 232 steel tariffs are reshaping the US supply chain and manufacturing industry

The expansion of Section 232 steel tariffs is creating ripples across the US supply chain, affecting industries far and wide. From the escalating cost of raw materials to shifts in demand and production strategies, businesses are adjusting to the new realities of a tariff-driven market.

March 13, 2025
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By Dan Hilliard

Insights
US steel tariffs: What we know, what’s at stake, and why it matters

US steel tariffs have sparked strong reactions, reshaping global trade and leaving the steel market in flux. This article explores the key impacts of these tariffs on market trends, industry players, and trade policies. From policy goals to resulting uncertainties, gain insight into how these measures are influencing the future of steel and global markets.

March 13, 2025
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By the Fastmarkets team

Insights
Open consultation on annual methodology review for PIX Paper Price Indices

This consultation, which is open until April 10, 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 […]

March 13, 2025
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By Fastmarkets FOEX

Insights
Glencore calls for EU action to bridge gaps in critical minerals recycling

As demand for critical minerals rises, Glencore points to gaps in EU recycling infrastructure while using coal revenues to fund its transition strategy. During an industry event in London, the company's sustainability head outlined practical barriers to mineral recycling even as questions persist about its own transition timeline.

March 13, 2025
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By Julienne Raboca

Insights
Publication of Fastmarkets’ Steel scrap No1 busheling, delivered mill Chicago assessment on Wednesday March 12

This price is part of the Fastmarkets Scrap package. For more information on our North America Ferrous Scrap methodology and specifications please click here. To get in touch about access to this price assessment, please contact customer.success@fastmarkets.com.

March 12, 2025
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By Amy Hinton

Insights
Major decarbonization challenges ahead after Europe weakens emissions targets, experts say

Significant challenges lie ahead for Europe and its plans to decarbonize transport, industry experts have told Fastmarkets following the European Commission’s recent decision to relax emissions standards for domestic automakers.

March 12, 2025
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By Alexandra Chapman

Insights
Open consultation on IOSCO-audited steel scrap price assessments, indices

The consultation, which is open until Monday April 14, seeks to ensure that our audited methodologies and price specifications continue to reflect the physical markets for steel scrap, 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 […]

March 12, 2025
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By Ross Yeo

Insights

Top stories across markets

Trump’s greenlight of US Steel-Nippon ‘partnership’ raises hopes, questions

President Trump’s endorsement of the $14 billion US Steel and Nippon Steel partnership sparks hopes for innovation and economic growth in manufacturing, but labor unions raise concerns about job security and workplace conditions, leaving stakeholders eager to see how it unfolds.

May 29, 2025

By: Dan Hilliard

Correction to Soymeal FOB Argentina premium, outright prices on May 28

The incorrect prices were published as: AG-SYB-0036 Soymeal FOB Argentina Premium $/stM3: $(6.50) per short tonM4: $(6.50) per short ton AG-SYB-0035 Soymeal FOB Argentina $/mtM3: $320.50 per tonneM4: $324 per tonne They have been corrected to: AG-SYB-0036 Soymeal FOB Argentina Premium $/stM3: $(10.50) per short tonM4: $(10.50) per short ton AG-SYB-0035 Soymeal FOB Argentina $/mtM3: $316 per tonneM4: $319.75 […]

May 29, 2025

By: Leticia Pakulski

Black gold and greener energy: A new chapter for ExxonMobil | Fast Forward

Discover how big oil is fuelling change in the global electric vehicle (EV) market with the latest episode of Fast Forward podcast

May 29, 2025

By: the Fastmarkets team

Wheat exports from Russia reach 170,000 tonnes weekly

Russia’s wheat export volumes from Black Sea ports totaled 169,850 tonnes in the week ended Wednesday May 21, compared with 355,375 tonnes loaded in the previous week, according to Fastmarkets analytics data published on Thursday May 22.

May 28, 2025

By: Yana Sukharska

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