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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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Where the next decade of low-emission flat steel demand is coming from
Fastmarkets is amending its pricing schedule for Egyptian steel semis and longs for the week of March 12-19 2026, owing to the holiday declared for Eid al-Fitr.
The global tungsten market in 2026 is marked by extreme volatility driven by geopolitical tensions, trade disputes, and resource nationalism, especially between China and the US. These dynamics have caused significant supply disruptions and price surges across tungsten products.
The following prices were affected:MB-MAG-0012 Magnesia, European calcined, agricultural, cif Europe, €/tonne MB-MAG-0013 Magnesite, Greek, raw, max 3.5% SiO2, fob East Mediterranean, €/tonne MB-MAG-0018 Magnesia, dead burned, 95% MgO, fob Europe, $/tonne MB-MAG-0019 Magnesia, fused, 97% MgO, cif Europe, $/tonne MB-MAG-0020 Magnesia, dead burned, 90% MgO, lump, cif Europe, $/tonne MB-MAG-0021 Magnesia, dead burned, 97% MgO, lump, cif Europe, $/tonne This […]
In the past year, trade policy has and continues to fuel change and dynamics in the North American steel market. Meanwhile, inflation has remained at or above 2.7% while the Fed Fund rate hovers around 2.64.
The consumer continues to bear a growing burden to keep the economy from stalling, as finished goods markets search for their own nadir, stability and potential growth paths.
The European Union’s Industrial Accelerator Act (IAA), published on Wednesday March 4, was a new step in the bloc’s efforts to decarbonize heavy industry and to support strategic supply chains in sectors such as steel, cement and aluminium.
Fastmarkets has corrected its MB-ALU-0002 alumina index, fob Australia and its inferred prices, which were published incorrectly on Friday March 13 due to a procedural lapse.
Fastmarkets will increase the frequency of its two existing CIF China port copper scrap prices and add three new grades on Monday March 16.
How Europe’s green steel production competes with the rest of the world
Jeddah in Saudi Arabia and Port of Sohar in Oman are becoming tactical workarounds for base metal exports blocked by the Strait of Hormuz closure, with cargo transiting via land-bridge to other Gulf states, such as Bahrain and the United Arab Emirates – though capacity constraints and elevated logistics costs limit availability, sources with direct visibility of Gulf supply chains told Fastmarkets.
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