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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 wishes to clarify the conversion factor for Singapore Exchange (SGX) iron ore derivative forward curves data used to assess its low-grade and high-grade iron ore indices.
Fastmarkets will include EU Carbon Border Adjustment Mechanism (CBAM) costs in its secondary aluminium billet premium, ddp Europe (MB-AL-0383) and its primary aluminium 6063 extrusion billet premium, in-whs dp Rotterdam (MB-AL-0002) assessments from January 1, 2026, when the definitive period of the EU’s CBAM is set to begin. The inclusion of CBAM costs with MB-AL-0383 and MB-AL-0002 will enable […]
Here are the key takeaways from market participants on US ferrous scrap metal prices, market confidence, inventory and more from our December survey.
Read the key takeaways from a recent conversation on Fast Forward podcast with Vedanta Resources CEO, Deshnee Naidoo, and Andrea Hotter
The decision follows a consultation period that started on October 28 and ended on November 25. The price assessments in question are:MB-STS-0008 Stainless steel scrap 18/8 solids, import, cif main European port, € per tonneMB-STS-0009 Stainless steel scrap 18/8 turnings, import, cif main European port, € per tonneMB-STS-0261 Stainless steel scrap 316 solids, import, cif main European port, € per […]
Fastmarkets launches a price assessment for MB-AL-0426 aluminium scrap, old sheet (Taint/Tabor), shredded and sorted, delivered consumer Europe, % of LME, on Friday November 28.
Fastmarkets has launched DDP import steel price assessments for steel hot-rolled, cold-rolled and hot-dip galvanized coil in Northern Europe and in Southern Europe, effective Wednesday November 26, ahead of the launch of the EU’s Carbon Border Adjustment Mechanism (CBAM).
Fastmarkets wishes to clarify that it will continue to include index-linked trades using the Singapore Exchange (SGX) iron ore derivative forward curves in iron ore indices, effective December 1 2025.
Learn about Brazil’s approval of steel slag for agricultural use, enhancing soil health and acidity correction processes.
The tonnage specifications will be updated to a minimum of 500 tonnes (previously 500-5,000 tonnes), recognizing that higher tonnages are often transacted in the physical market. Fastmarkets also clarifies that these assessments do not include EU Carbon Border Adjustment Mechanism (CBAM) costs. The new specifications are as follows with amendments in italic: MB-STE-0047 – Steel hot-rolled coil import, […]
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