Amendment to publication date of European charge, high-carbon ferro-chrome benchmark

Fastmarkets has amended the publication date of the latest European charge and high-carbon ferro-chrome benchmark to reflect the date from which the benchmark applies after the price was erroneously published on the date it was announced (March 25).

The affected price is MB-FEC-0016 ferro-chrome lumpy Cr charge quarterly, basis 52% Cr (and high carbon), delivered Europe, $/lb Cr (rounded to the closest 2 decimal places).

This quarterly ferro-chrome benchmark is settled through negotiations between a major South African ferro-chrome producer and a leading European stainless steel mill, and published by Fastmarkets after it is announced.

The publication date for the second-quarter benchmark in 2024 was originally set to March 25, 2024, and has now been changed to April 1, 2024.

This change enables quarterly averages to align with the individual benchmark numbers.

Fastmarkets’ pricing database has been updated to reflect this change.

For more information or to provide feedback on this pricing notice, or if you would like to provide price information by becoming a data submitter to any ferro-chrome prices, please contact Claire Patel-Campbell by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Claire Patel-Campbell re: ferro-chrome pricing.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

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

What to read next
After a one-month consultation period, Fastmarkets has amended the impurity specifications for its weekly payable indicators for black mass in South Korea, Southeast Asia and Europe.
This consultation, which is open until May 23, 2024, 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. You can […]
This consultation, which is open until May 23, 2024, 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. Fastmarkets FOEX […]
Fastmarkets will discontinue its lithium contract price assessments, effective October 2024.
After a consultation period that began on February 19, 2024, and ended on March 21 2024, Fastmarkets has discontinued Region 4 log prices. The last assessment published March 2024.  To provide feedback on this or if you would like to provide price information by becoming a data submitter to Log Lines, please contact William Perritt […]
Fastmarkets proposes to amend the chemical specifications and names of its CIF, FOB and FOT 37% manganese ore indices.