Price Reporter - Steel

FastmarketsDrury Township, IL
Hybrid

About The Position

Fastmarkets is an industry-leading price-reporting agency (PRA) and information provider for global commodities, providing price data, news, analytics and events for the agriculture, forest products, metals and mining and new-generation energy markets. Fastmarkets' data is critical for customers seeking to understand and predict dynamic, sometimes opaque markets, enabling trading and risk management. Fastmarkets is a global business with a history dating back to 1865 and is built on trust and deep market knowledge. It has more than 700 employees spread across global locations in the UK, US, China, India, Singapore, Brazil, Belgium, Bulgaria, Finland and beyond. Steel is at the crux of every major industrial market, from auto to agriculture. It is also a space-age material, finding new applications yearly in energy generation, machine learning, and decarbonization. The Americas steel team is uniquely positioned to help the global steel industry price and source the next-generation of highly recycled, low-carbon ferrous materials.

Requirements

  • Highly motivated, driven, and have a passion to be part of a fast-paced, successful team.
  • Strong team player.
  • Happy to work flexibly.
  • A high level of written and spoken English and Spanish, with a particular emphasis on Mexico.
  • Interest in and understanding of the American steel markets.
  • An interest in and understanding of financial markets and commodities.
  • Strong networking and communication skills, and good confident telephone manner.
  • Ability to work with discipline and dynamism and take initiatives to cover stories and find information out.
  • Team player who fosters excellent working culture and acts - both internally and externally - in a courteous and professional manner with impeccable integrity.
  • General curiosity in expanding market knowledge and commitment to join in projects and take part in training courses.
  • Ability to work with numbers and spreadsheets and produce analytical editorial copy.
  • People skills to answer queries about prices and particular pricing sessions.

Nice To Haves

  • Experience in the energy or trade sector a plus.

Responsibilities

  • Foster knowledge of the fundamentals, supply chain, end-uses and key participants for the North American steel market, with a particular focus on Mexico and the tubular markets surrounding the Gulf of Mexico.
  • Collect pricing data and be supported to set price assessments in line with the company’s methodology, price specifications and principles, and IOSCO principles.
  • Write market commentaries, news and insight with support from senior colleagues.
  • Support colleagues on their beats to build up a wider knowledge base.
  • Help manage and expand the number of industry contacts that submit pricing data.
  • Help foster Fastmarkets’ prices and expertise through the team’s market engagement plans.
  • Attend meetings and report on events and webinars alongside colleagues on behalf of the company.
  • Learn how to cover commodity market fundamentals (i.e. supply chain, end-uses, key participants).
  • Start collecting pricing data and learn to set prices in line with the company’s robust methodology, price specifications and IOSCO principles.
  • Learn to write market commentaries, breaking news and insightful copy with PRA angles, to support the growth in readership and the use of Fastmarkets’ prices in physical and financial contracts.
  • Back colleagues up on their metals pricing beats to provide cover and consistency for the market and build up a wider knowledge base.
  • Manage and expand the number of industry contacts that submit pricing data and give news exclusives, using all means of communication including face-to-face meetings, conference attendance and networking.
  • Help foster Fastmarkets’ prices and expertise through the team’s market engagement plan, which includes producing PRA content, white papers and infographics, participating to internal and external events, posting on social media, and attending industry meetings.

Benefits

  • We are committed to ensuring all candidates feel welcomed and supported. Should your application advance and you require accommodations for the interview process, please inform us so we can make the necessary arrangements.
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