Delayed publication of US, Latin America pig iron, HBI prices

The publication of Fastmarkets' weekly price assessments for pig iron and hot-briquetted iron (HBI) in the US and Latin America were delayed from Friday March 4 until Monday March 7 because of an internal error

The affected prices are:

Hot-briquetted iron export, fob main port Venezuela, $/tonne

Pig iron export, fob Ponta da Madeira, Brazil, $/tonne

Pig iron export, fob port of Vitoria/Rio, Brazil, $/tonne

Pig iron import, cfr Gulf of Mexico, US, $/tonne

Fastmarkets’ price book and database have both since been updated with the correct values.

For more information or to provide feedback on the delayed publication of this price or if you would like to provide price information by becoming a data submitter to these prices, please contact Ross Yeo by email at pricing@fastmarkets.com. Please add the subject heading FAO: Ross Yeo, re: pig iron/hbi prices

To see all Fastmarkets’ pricing methodology and specification documents go to https://www.fastmarkets.com/about-us/methodology.

What to read next
The proposal to increase the publication frequency from monthly to weekly comes amid increased volatility of copper on the London Metal Exchange, while copper scrap discounts have been shifting on a more regular basis. This more frequent assessment will enable Fastmarkets to reflect market dynamics in a timelier manner, as well as capture more spot […]
Fastmarkets has corrected its assessments for Shanghai bonded nickel stocks on January 30.
Fastmarkets is inviting feedback from the industry on the pricing methodology for its PIX Pulp China Net indices as part of its announced annual methodology review process.
Fastmarkets is inviting feedback from the industry on the counterparty weighting in the copper concentrates treatment and refining charge (TC/RC) index, as well as observed shifts in spot market activity and the impact of byproduct credits on pricing dynamics.
The publication of Fastmarkets’ AG-WHE-0004 Wheat 10.5% FOB Australia W APW, AG-WHE-0005 Wheat 9.5% FOB Australia W ASW and AG-BRY-0001 Barley feed barley FOB Australia assessments for February 2 was delayed due to a technical reason. Fastmarkets’ pricing database has been updated.
The publication of Fastmarkets’ MB-STE-0909 Saudi Arabia rebar price assessment for Monday February 2 was delayed because of an error. Fastmarkets’ pricing database has been updated. The publication of the affected price was delayed for 1 hour and 45 minutes. The following assessment was published late: MB-STE-0909 Steel reinforcing bar (rebar), domestic, delivered Saudi Arabia This […]