Fastmarkets will publish a one-time differential after 5.30pm Singapore time on Friday October 31, that may be used to adjust the 65% Fe iron ore fines derivative and other contracts which settle against its iron ore 65% Fe Brazil-origin fines, cfr Qingdao, $/tonne (MB-IRO-0009) on the Singapore Exchange.

Fastmarkets’ pricing database has been updated. The affected prices were:MB-STE-0416 Steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey, $ per tonneMB-STE-0417 Steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey, $ per tonneMB-STE-0894 Steel scrap, HMS 1&2 (80:20 mix), month-to-date deal-weighted average, North Europe origin, cfr Turkey, $ per tonneMB-STE-0100 Steel scrap, HMS 1&2 (80:20 […]

These monthly prices were published on September 11 and have now been cancelled. Fastmarkets’ pricing database has been updated to reflect this change. The next publication will be on October 2, when the market will be assessed as normal. Fastmarkets’ pricing database has been updated to reflect this change. The following prices were published early:MB-ZIR-0014 Zircon, […]

Fastmarkets proposes to include additional EU Carbon Border Adjustment Mechanism (CBAM) costs in its benchmark aluminium P1020A premium fca dp premium assessments for Italy (MB-AL-0316), and Spain (MB-AL-0319) from January 1, 2026, when the definitive period of the EU’s CBAM is set to begin. The MB-AL-0316 aluminium P1020A premium fca dp Italy and MB-AL-0319 aluminium P1020A premium fca dp […]

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After an extended consultation, which closed on Friday September 27, Fastmarkets has amended the base Fe specification and changed the names of its iron ore 62% Fe fines, fot Qingdao indices, changing the names to “iron ore 61% Fe”. The new specifications would be as follows, with amendments in italics: MB-IRO-0011 Iron ore 61% Fe fines, fot […]

Fastmarkets has not changed the methodology for price discovery. Fastmarkets has updated its documentation on price methodologies to incorporate the standardized naming conventions, ensuring clarity and consistency across our forest products publications. Please refer to the link to the tables below for detailed information on the standardized forest product price names as part of this […]

LME zinc stocks have fallen to their lowest levels since April 2023 but traders suggest the withdrawals are driven more by warehouse activity and speculation than genuine demand. Meanwhile, Europe’s sluggish consumption contrasts with swelling inventories in China.

Fastmarkets has corrected the rationale for its MB-CU-0287 copper concentrates TC index, cif Asia Pacific, which was published incorrectly on Friday September 26 due to an error in the approval process. The rationale for MB-CU-0287 copper concentrates TC index, cif Asia Pacific, had erroneously stated that a bid had been reported in negative territory at around the […]