European flat steel webinar

Fastmarkets has decided not to proceed with the proposed amendment to the name and specifications of the MB-IRO-0008 iron ore 62% Fe fines cfr Qingdao index. After a consultation period, Fastmarkets has determined that current circumstances do not make the proposed amendments to the index viable. Fastmarkets reserves the right to start a fresh consultation on […]

Following the month-long consultation period, the name and the specifications of the abovementioned value-in-use adjustments will be amended in line with the launch of the MB-IRO-0191 61% Fe iron ore fines, cfr Qingdao index. MB-IRO-0018 Iron ore 61% fines, % Fe VIU, cfr Qingdao, $/tonneIron Value In Use adjustments (Fe -VIU)Value of Iron Ore at X% Iron […]

After a consultation period, which started on April 29, Fastmarkets has determined that current circumstances do not make the amendment to the MB-IRO-0010 62.5% Fe Australia-origin lump ore premium, cfr Qingdao viable. Fastmarkets reserves the right to start a fresh consultation on amending the price in future should circumstances change. To provide feedback on this decision […]

Following a month-long consultation period which took place between May 5-30, Fastmarkets will launch the daily 61% Fe fines index to better track and reflect the spot price of mid-grade sinter fines in the CFR Qingdao spot market, in line with the latest quality of mid-grade fines commonly traded in the market.MB-IRO-0191 Iron ore 61% Fe fines, […]

The following prices were affected: MB-FEN-0001 Nickel pig iron, high-grade NPI content 10-15%, contract, ddp China, yuan/nickel unit priceMB-FEN-0002 Nickel pig iron, high-grade NPI content 10-15%, spot, ddp China, yuan/nickel unit priceMB-NIO-0001 Nickel ore with 1.8% nickel content, cif China, $/tonneMB-NIO-0002 Laterite ore with 1.5% Ni content, cif China, $/tonneMB-NIO-0006 Laterite ore with 1.3% Ni content, cif China, $/tonne MB-FEN-0001 and […]

A US court has struck down key reciprocal tariffs imposed by President Donald Trump, ruling that the International Emergency Economic Powers Act (IEEPA) does not grant unlimited tariff authority. While markets reacted positively, Section 232 duties on steel and aluminium remain in effect, prompting continued uncertainty and a likely appeal by the Trump administration.