PRICING NOTICE: Extension of consultation period regarding domestic China pig iron price

Metal Bulletin has extended the consultation period regarding its proposal to discontinue its weekly domestic China pig iron price.

During the initial consultation period, which ended Friday January 19, Metal Bulletin received feedback from the market that indicates the need for further engagement on the proposal regarding the discontinuation of the price.

The extended consultation period will end one month from the date of this pricing notice on February 16.

If you have any comments on the proposal to discontinue this price, please contact July Zhang by email at: pricing@metalbulletin.com. Please add the subject heading ‘FAO: July Zhang, re: domestic China pig iron’.

All historical data relating to this price prior to its suspension will remain available in the pricing section of the Metal Bulletin website.

To see all Metal Bulletin’s pricing methodology and specification documents go to https://www.metalbulletin.com/prices/pricing-methodology.html

What to read next
An incorrect EUR/USD exchange rate, used to convert the cost of inputs priced in euros to US dollars, caused the prices to be calculated incorrectly. This has now been rectified. The following prices were affected: AG-SAF-0004 Sustainable aviation fuel (SAF max), base cost, exw Netherlands, $/tonnePublished incorrectly as: $2,995 per tonneCorrected to: $1,996 per tonne […]
The publication of Fastmarkets’ European aluminium billet premiums assessments for Friday February 6 was delayed because of a procedural error. Fastmarkets’ pricing database has been updated.
Fastmarkets has corrected its MB-GD-0001 Gadolinium oxide 99.99%-99.999% fob China, $/kg price, which was published incorrectly.
Fastmarkets launches MB-STE-0951 Steel hot-rolled coil index, fob mill Canada on Thursday February 5.
The consultation, which is open until Friday March 6, seeks to ensure that our audited methodologies and price specifications continue to reflect the physical markets for steelmaking raw materials, 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 […]
The price subject to this annual review is Fastmarkets’ MB-STE-0141 steel billet import, cfr Manila, $/tonne.​This consultation, which is open until Friday March 6, seeks to ensure that our methodologies continue to reflect the physical CFR Manila steel billet market, in compliance with the International Organization of Securities Commission (IOSCO) principles for price reporting agencies (PRAs). This […]