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Fastmarkets is extending the consultation period for the methodology of several of its black mass payables indicators and prices, and is also proposing changes to the names of CIF South Korea and EWX Europe black mass prices.
Fastmarkets proposes to launch fortnightly bismuth and indium prices on a DDP US basis on Friday May 1. Market participants have expressed support for localized US pricing in response to Section 301 tariffs, export controls and increased US government funding to support domestic and allied supply chains. These assessments would complement Fastmarkets’ existing benchmarks in […]
Fastmarkets has suspended the monthly price assessment for CFR Jebel Ali, UAE, steel sections (light and medium), S235-SS400 amid the escalation of the conflict between the US, Israel and Iran and because relevant pricing data is not immediately available.
The additional kilogram-based prices, to be calculated from existing pound-based assessments, are intended to improve clarity and align the assessments more closely with prevailing commercial practices in Mexico’s non-ferrous scrap markets. Market participants commonly reference kilogram-based prices in submissions, transactions and negotiations, particularly in key regions such as Monterrey and Bajío. Publishing complementary peso per […]
The publication of Fastmarkets’ European flat steel assessments for Wednesday March 25 was delayed due to a reporter error. Fastmarkets’ pricing database has been updated.
This consultation, which is open until April 27, seeks to ensure that our methodologies continue to reflect the physical market under indexation, 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. The prices under […]
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