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This consultation was done as part of our published annual methodology review process.
No feedback was received about a methodology change during the consultation period and therefore no changes will be made to the methodologies at this stage.
This consultation sought to ensure that our methodologies continue to reflect the physical CFR Manila steel billet market, 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 specifications and publication frequency.
View the Ferrous Metals methodology here.
To see all Fastmarkets pricing methodology and specification documents, go to the Fastmarkets methodology page.