Fastmarkets invited feedback from the industry on the pricing methodology for iron ore indices, via an open consultation process between March 10 to April 7 2025.This consultation was done as part of our published annual methodology review process. A full list of all the prices covered can be found in the original consultation. Fastmarkets received feedback […]

The introduction of two new green longs prices will further enhance Fastmarkets’ global green steel coverage, providing a critical reference point for European steel producers and international suppliers aiming to sell green steel in Europe.  The Northen European market, particularly Nordic countries, are key consumers of green steel in Europe, hence the new premium and […]

Fastmarkets selects the frequency of publication of a market assessment after considering the number of data points (deals, bids, offers, deals heard and assessments) that it can reasonably expect to collect on a consistent basis over the selected period to support the price assessment process. This proposal follows preliminary discussions with the market as well […]

The publication of Fastmarkets’ MB-AL-0343 Aluminium P1020A spot premium, cif main Japanese ports (MJP) assessment for Wednesday April 2 was delayed because of a reporter error. Fastmarkets’ pricing database has been updated. The following price was affected:MB-AL-0343: Aluminium P1020A (MJP) spot premium, cif Japan, $/tonne The price is a part of the Fastmarkets base metals […]

The publication of Fastmarkets’ Turkish steel scrap import indices was delayed on Wednesday April 2 because of a technical fault. Fastmarkets’ pricing database has been updated. The following prices were affected: MB-STE-0416 Steel scrap HMS 1&2 (80:20 mix) North Europe origin, cfr Turkey, $/tonne MB-STE-0417 Steel scrap HMS 1&2 (80:20 mix) US origin, cfr Turkey, […]

The publication of Fastmarkets’ iron ore DR-grade pellet premium, quarterly contract was delayed due to a reporter’s error. Fastmarkets’ pricing database has been updated. The MB-IRO-0077 Iron ore DR-grade pellet premium, quarterly contract was published on Wednesday April 2 – the second working day of the quarter, while usually it is published on the first […]

MB-IRO-0008 Iron ore 62% Fe fines, cfr QingdaoMB-IRO-0144 62% Fe low-alumina fines, cfr QingdaoMB-IRO-0009 Iron ore 65% Fe Brazil-origin fines, cfr QingdaoMB-IRO-0017 Iron ore 58% Fe fines high-grade premium index, cfr QingdaoMB-IRO-0015 Iron ore 58% Fe fines, cfr QingdaoMB-IRO-0010 62.5% Fe Australia-origin lump ore premium, cfr QingdaoThese prices are part of the Fastmarkets’ steelmaking raw […]

Fastmarkets selects the frequency of publication of a market assessment after considering the number of data points (deals, bids, offers, deals heard and assessments) that it can reasonably expect to collect on a consistent basis over the selected period to support the price assessment process. This proposal follows preliminary discussions with the market as well […]

Fastmarkets has corrected its MB-AL-0292 Aluminium ingot ADC 12 spot (MJP), cfr Japan, $/tonne price assessment, which was published incorrectly on Wednesday March 26 due to a typographical error. The price was initially published as $2,450-2,480 per tonne. This has since been corrected to $2,400-2,480 per tonne. Fastmarkets’ pricing database has been updated to reflect […]

The update can be found here or on the Fastmarkets platform via a search of the report’s headline.