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: 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:

What to read next
Fastmarkets has launched its MB-NIO-0006 laterite ore with 1.3% Ni content, cif China price assessment on Friday April 12.
Fastmarkets will amend the frequency of its price assessments for MB-STE-0879 Steel scrap H2 Japan origin import, cfr South Korea and MB-STE-0880 Steel scrap HMS 1&2 (80:20) deep-sea origin import, cfr South Korea on Friday April 12.
Fastmarkets FOEX would like to thank those who took the time to respond to the consultation. Fastmarkets FOEX did not propose any changes to the methodology. The feedback was fully supportive of the current methodology. To summarize, this open consultation does not lead to material changes in the current methodology. A newly dated methodology document […]
Fastmarkets has corrected its MB-STE-0894 steel scrap HMS 1&2 (80:20 mix), month-to-date deal-weighted average, North Europe origin, cfr Turkey, $/tonne, which was published incorrectly on Wednesday April 10.
Fastmarkets is launching a 30-day consultation to relist its assessment of the MB-STE-0309 steel scrap machine shop turnings, consumer buying price, delivered mill Pittsburgh.
Fastmarkets has corrected its MB-CU-0302 copper scrap No1 copper, buying price, delivered to brass mill US, US cents/lb, which was published incorrectly on Tuesday April 9.