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Fastmarkets invited feedback from the industry on its pricing methodology and product specifications for ferrous metals, as part of its announced annual methodology review process.
The consultation, which was open until April 2, sought to ensure that our methodologies continue to reflect the physical ferrous metals markets, in compliance with the International Organization of Securities Commission (IOSCO) principles for price reporting agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency.
View the ferrous methodology here.
During the consultation period, Fastmarkets did not receive any feedback.
Beyond this open consultation, Fastmarkets also invites feedback on a continuing basis throughout the year.
To provide feedback, please contact pricing@fastmarkets.com and steel@fastmarkets.com, adding the subject heading “FAO: Janie Davies/Daniel Hilliard/Paul Lim re: Ferrous metals methodology.” Please specify whether your response is confidential. Opinions offered in confidential responses may be referenced but will not be attributed in any way.
To see all Fastmarkets’ pricing methodology and specification documents, go to the Fastmarkets methodology page.