Steel market participants often identify iron ore as the key driver of steel prices because mills typically formulate their pricing strategies based on raw material costs - but this appears to have changed in 2020.

The latest forecasts from Fastmarkets’ team of analysts is ready to view.

The Indian export price for silico-manganese jumped by nearly 9% on Friday March 19 to the highest since Fastmarkets started to assess the market in June 2014.

Following a consultation period, Fastmarkets will change the publication time of its Latin American steel price assessments to Friday, 2-3pm New York time, from 2-3pm London time, with effect from Friday August 14.

The latest forecasts from Fastmarkets’ team of analysts are ready to view.

China's new tax regime for ferrous raw materials and steel exports will kick off a new era for the steel sector, one in which demand and supply will become more balanced and the country cuts its dependency on iron ore at a faster pace.

Import prices for containerized ferrous scrap in Taiwan started a recovery in the middle of this week amid increased demand, breaking an almost three-week downward streak.

The latest forecasts from Fastmarkets’ team of analysts are ready to view.

Crude steel, finished steel and hot metal output of the China Iron & Steel Association’s (Cisa) member mills rose to record highs in late July, but steelmakers’ finished steel inventories dropped sharply, according to data released late on Wednesday August 5.

Following initial research and consultation among market participants, Fastmarkets proposes to launch a weekly price assessment for ferro-niobium, delivered consumer works Europe, duty paid.