Price Reporter - Steel at FastMarkets Ltd. in Calumet City, IL

Company Description

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.

Job Description

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.

The Role

• 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

Principal accountabilities

• 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

Qualifications

We recruit talented, dynamic people with diverse backgrounds and experiences, all united by a belief in our mission to provide the world’s leading and most trusted price reporting, events, and intelligence service for the markets we serve. We’re proud to be an equal opportunities employer and are committed to creating a fully inclusive workplace, where everyone feels able to participate and contribute meaningfully.

If you are open-minded, curious, resilient, solutions-oriented and committed to promoting equality, then read on.

KNOWLEDGE, EXPERIENCE AND SKILLS

We are looking for an individual who is highly motivated, driven, and have a passion to be part of a fast-paced, successful team. Being a strong team player is also important as well as someone who is 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 – experience in the energy or trade sector a plus.
• 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

If you're excited about the role but your experience, skills or qualifications don't perfectly align, we encourage you to apply anyway.

Additional Information

Our Values

Fastmarkets people come from all different walks of life. It’s this mix of brilliant personalities, experiences and insights that gives us that warm, open, and friendly culture you can feel as soon as you meet us. But however wonderfully different we all are, there are six things we all have in common – and they form our Fastmarkets values.

Created by our own employees to reflect some of the personal traits that Fastmarkets people have, our values are key to what makes our culture unique. They reflect who each of us are and they're embedded in everything we do. Our values are:

• METRICS DRIVEN. We use insights to improve our customers’ experience and our business performance
• ACCOUNTABLE. We are accountable to ourselves and those we work with: we keep our promises and get things done
• GROWTH MINDSET. This value enables us to be nimble to the changing realities and operate with a sense of urgency
• INCLUSIVE. We are inclusive and respectful, celebrating each of us and giving everyone a deep sense of belonging with the desire to bring their best self to work every day.
• CUSTOMER CENTRIC. We are customer-centric in all that we do
• COLLABORATIVE. We are collaborative, able to work across teams and capitalise on the diversity of intellect, perspectives, and experiences.

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.

If the position is listed as remote this opportunity is available to applicants based in the following states:

• Illinois

• Oregon

• New York

• Pennsylvania

• Texas*

* Denotes states with office locations to support hybrid working.

Otherwise the position will be located as shown in the advert.

You’ve read a little about us – now it’s over to you!

If you like what you’ve read so far and think you can see yourself as a Fastmarkets person, it’s time to fill in your application form. This form is an important part of the selection process: it’s used to determine whether or not you’ll be chosen to have an interview and acts as a basis for the questions we’ll ask you on the day.

It’s vital that you try to capture all the relevant information we have asked for on the form so we can get a good feel for who you are and why you’re great.