This consultation, which is open until May 30, 2025, 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. The prices […]

Given the prevailing specifications of mid-grade fines in the seaborne spot market, Fastmarkets proposes to launch the index to track and reflect the spot price of 60-63% Fe iron ore fines in the CFR Qingdao spot market, aligning with the latest quality of mid-grade fines commonly traded in the market. The specifications would be as […]

Following an initial consultation under the ongoing review of Fastmarkets’ iron ore 62% Fe fines index name and specifications, Fastmarkets is proposing changes to the name and specifications of the Fastmarkets value-in-use adjustment values. The new specifications would be as follows, with amendments in italics: MB-IRO-0018 Iron ore 61% fines, % Fe VIU, cfr Qingdao, $/tonneIron Value In Use adjustments […]

Following the conclusion of a consultation period, Fastmarkets has introduced a new monthly price assessment to reflect 99.4% min grade chromium commonly sourced from European producers, which is traded at a premium to the broader 99% grade. This material had previously been included in the MB-CR-0001 chromium alumino-thermic 99% min, in-whs Rotterdam, $/tonne. This launch […]

Chinese exports of long steel and steel billet increased sharply in the first quarter of 2025, preventing their prices from dropping more deeply amid a slow demand recovery in the domestic market, market participants said.

This change was not initially noted on the Fastmarkets’ 2025 publication schedule. It has now been updated. The grades that are covered are: Eucalyptus FP-PLP-0042 Northern Bleached Hardwood Kraft, mixed FP-PLP-0043 Southern Mixed Hardwood Kraft FP-PLP-0044 Bleached Hardwood Kraft, Acacia FP-PLP-0045 Bleached Chemi-Thermomechanical Pulp, Aspen FP-PLP-0046 Northern Bleached Softwood Kraft FP-PLP-0047 Bleached Softwood Kraft, Radiata […]

The rationales have been updated to include the following information: Owing to a UK public holiday on May 5, the Lithium carbonate cif China, Japan & Korea price and Lithium hydroxide cif China, Japan & Korea price will next be published on May 6. This is in accordance with Fastmarkets’ pricing schedule. These prices are part […]

The global metallurgical coke market is undergoing a dramatic transformation in 2025, shaped by declining demand in key markets, rising trade protectionism, and a growing push for decarbonization.

This consultation was done as part of our published annual methodology review process. No feedback was received during the consultation period and therefore no changes will be made to the methodologies at this stage. This notice of the decision was delayed past its original May 1 schedule. This consultation sought to ensure that our methodologies […]

Eligible credits for Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) Phase 1 remain in tight supply, leaving many buyers and sellers at an impasse.