PRICING NOTICE: Proposed changes to cfr Western Europe pig iron assessment

Following a review of its pig iron prices, Steel First proposes to amend the specification of its weekly basic pig iron EU import assessment.

July 11, 2014

Paragraph entered by Atlantic migration, in order for SteelFirst articles to display correctly on Metal Bulletin.

Steel First proposes first to change the base currency in which the price is assessed from euros to US dollars, since the latter is the main currency of trade in this market.

Second, we propose to tighten the delivery specification from cfr Western Europe to cif Italy.

Please send feedback or comments by Friday July 25 to Nina Nasman, nnasman@steelfirst.com.

What to read next

Correction to black mass, NCM/NCA, payable indicator, nickel, exw USA on July 16

Fastmarkets has corrected its MB-BMS-0015 Black mass, NCM/NCA, payable indicator, nickel, exw USA, % payable LME Nickel cash official price, which was published incorrectly on Wednesday, July 16.

July 17, 2025

By Kirstyn Petras

Decision to discontinue two stainless steel base price assessments

Fastmarkets confirms its decision to discontinue its two domestic European stainless steel base price assessments.

July 17, 2025

By Zdravko Cherkezov

Launch of Turkey import billet to US export ferrous scrap differentials

This strategic launch is designed to better delineate the relationship between these two competing steelmaking materials. The differentials offer the market a single reference price denoting the spread between Turkey import billet and No1 and No2 heavy melting scrap (80:20) and between Turkey import billet and shredded scrap exported from the US East Coast respectively. […]

July 16, 2025

By Amy Hinton

Delayed publication of nickel 4×4 cathode, nickel briquette and nickel uncut cathode premiums in-whs Rotterdam

The publication of Fastmarkets’ assessments for nickel 4x4 cathode, nickel briquette and nickel uncut cathode premiums in-whs Rotterdam was delayed on Tuesday July 16 because of a reporter error.

July 15, 2025

By James McKeigue

Correction to alumina index inferred prices on July 15

Fastmarkets has corrected its alumina index inferred prices, which were published incorrectly on Tuesday July 15.

July 15, 2025

By Fastmarkets Staff

Decision to suspend amendment of cobalt standard grade, in-whs Rotterdam price

After an initial one-and-a-half-month consultation, followed by a further three-month consultation period on the proposed inclusion of a powder brand, and following market feedback and data analysis, Fastmarkets has determined that current market circumstances do not make the proposed amendment to the cobalt standard grade, in-whs Rotterdam, daily price assessment viable. This decision is not a judgement on the […]

July 15, 2025

By Alexander Cook