Fastmarkets is inviting feedback from the industry on the methodology for its audited steelmaking raw materials indices, as part of its announced annual methodology review process. The consultation, which is open until Friday March 27, seeks to ensure that our audited methodologies and price specifications continue to reflect the physical markets for steelmaking raw materials, […]

The publication of Fastmarkets' Value-In-Use (VIU) indices for February 25 2026 were delayed due to a reporter error. Fastmarkets’ pricing database has been updated.

The US and Canadian steel industries are “aligned” in trade policies, and the imposition of Section 232 tariffs against Canada is “unjustified,” Canadian Steel Producers Association (CSPA) vice president for trade and industry affairs Francois Desmarais told Fastmarkets in an exclusive interview on Friday February 6.

Fastmarkets has corrected the rationale for its price index for MB-COA-0003 Premium hard coking coal, fob eastern Australian ports, which was published incorrectly on Thursday February 12, owing to a typographical error.

Learn about the robust iron ore methodology that ensures transparency and effective risk management for pricing mid-grade fines.

Following a two-week consultation period, which concluded on Thursday February 5, Fastmarkets has amended the publication time of the indices for MB-IRO-0011 iron ore 61% Fe fines, fot Qingdao, yuan/wet tonne, and MB-IRO-0022 iron ore 61% Fe fines, fot Qingdao, $/dmt conversion from daily at 6:30pm Singapore time to daily at 6:30pm Shanghai time, as well as to […]

The rationales for the two indices were not in the appropriate sections and a discard judgement was omitted.  The rationales have been corrected as follows: Pricing rationale for MB-IRO-0191 on 06 Feb 2026Fastmarkets’ index for iron ore 61% Fe fines, CFR Qingdao fell by $1.36 per tonne from the previous day. The price movement was based on […]

The consultation, which is open until Friday March 6, seeks to ensure that our audited methodologies and price specifications continue to reflect the physical markets for steelmaking raw materials, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price […]

Learn about the challenges of steel overcapacity in the US as tariffs shift and affect producers and consumers alike.

Explore the insights from Lewis Leibowitz on Section 232 tariffs and their potential legal implications for trade negotiations.