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The metals and mining markets are constantly changing. Stay connected to the stories driving change across the global metals markets, including the lasting effect of Russia’s invasion of Ukraine, energy price hikes, trade flow disruptions and the pull of decarbonization targets.
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Fastmarkets erroneously published the twice-monthly assessments for MB-AL-0339 Aluminium primary foundry alloy silicon 7 ingot premium, ddp Germany and MB-AL-0340 Aluminium primary foundry alloy silicon 7 ingot premium, ddp Eastern Europe on December 19 and January 2 because of a procedural error.
Major trading houses Mercuria and Glencore secured copper concentrate offtake agreements totaling at least $450 million in prepayment financing in late December, with Mercuria signing for 195,000 wet metric tonnes from Bulgaria’s Ellatzite mine on December 30 and Orion Minerals providing an update on December 31 on its $200-250 million Glencore financing and offtake deal for South Africa’s Prieska project.
Fastmarkets launched a price assessment for electrical steel, cold-rolled grain oriented, CFR India on Friday October 3, 2025. India is a major consumer of cold-rolled grain oriented (CRGO) electrical steel and largely depends on imports. It produces 40,000 tonnes of CRGO electrical steel per year and imports close to 400,000 tonnes a year. This price […]
Fastmarkets’ pricing database has been updated. The following prices were published with a delay of 1 day: MB-IRO-0018, Iron ore 61% Fe fines, % Fe VIU, cfr Qingdao, $/dmtMB-IRO-0019, Iron ore 65% Fe fines, % Fe VIU, cfr Qingdao, $/dmtMB-IRO-0020, Iron ore fines, % Si VIU, cfr Qingdao, $/dmtMB-IRO-0021, Iron ore fines, % Al2O3 VIU, […]
Fastmarkets initially consulted on location of delivery, exact sizing and impurities of materials and payment terms following feedback that these parameters should be narrowed. But feedback from some market participants has been incomplete during the consultation period, requiring greater time to achieve clarity on these points. Furthermore, since the consultation launched, the UAE has announced a reverse […]
Fastmarkets is inviting feedback from the industry on its pricing methodology and product specifications for non-ferrous materials and industrial minerals, as part of its announced annual methodology review process.
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