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The metals and mining market is going through a period of fundamental change. The industry is racing to meet decarbonization targets; all while supply chains are being tested to their limits. Production capacity is changing as new supply comes online. The ongoing war in Ukraine and other market forces have created unprecedented price volatility and imbalances in supply and demand.
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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.
Here are the key takeaways from market participants on US ferrous scrap metal prices, market confidence, inventory and more from our January 2026 survey.
The MB-W-0002 tungsten concentrate 65% WO3, in-whs China was incorrectly published as 45,000-46,000 yuan per tonne due to a typo error. This has been corrected to 450,000-460,000 yuan per tonne. Fastmarkets’ pricing database has been updated to reflect this change. This price is part of Fastmarkets’ ores and alloys physical price package. For more information or to provide […]
Find out how the STEEL Act aims to support steelworkers and domestic pipe producers through stricter trade enforcement measures.
Understand the Brazil steel outlook and what anti-dumping measures mean for market stability and growth in the coming year.
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