This price assessment aims to enhance transparency in the Indonesian coke market. Fastmarkets has observed a significant volume of Indonesian coke entering the global market in recent months, establishing Indonesia as a key exporter of coke worldwide since 2023. In the first seven months of 2024, Poland, China and Indonesia were the top three coke exporters globally.  […]

Following the consultation which concluded on Thursday May 8, the frequency of the price will change from weekly to monthly, with the first assessment on a monthly frequency on Friday May 30, to better reflect the evolving dynamics in China’s antimony market. The new specifications are as follows, with the amendment in italics: MB-SB-0003 Antimony MMTA standard grade II, ddp […]

The price assessment tracks the weekly spot price of electrolytic manganese flake in the fob China market. The proposal was to change the publication frequency from weekly to monthly, following a review of market liquidity and internal data. After a consultation period, Fastmarkets has determined that current circumstances do not make the amendment to MB-MN-0007 Manganese 99.7% […]

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 […]

This consultation was done as part of our published annual methodology review process. Full details of the price covered by this consultation can be found here. No feedback was received during the consultation period and therefore no changes will be made to the methodologies at this stage. This consultation sought to ensure that our methodologies continue […]

Fastmarkets proposes to change the name and base specifications of its index for iron ore 62% Fe fines cfr Qingdao to more closely align with the specifications of prevailing mid-grade fines in the CFR China market. Following an initial consultation with the market, and a review of the typical data sets that have been collected […]

The top end of the price was incorrectly published due to a typographical error. The price was initially published as 240,000-2,450,000 yuan per tonne. This has since been corrected to 240,000-245,000 yuan per tonne. Fastmarkets’ pricing database has been updated to reflect this change. The affected price is as follows:MB-SB-0011 Antimony 99.85% Sb min, in-whs […]

Read more details on Fastmarkets' expanded suite of Middle Eastern scrap prices

The top end of the price was incorrectly published due to a typographical error. The price was initially published as 16,000-168,000 yuan per tonne. This has been corrected to 16,000-16,800 yuan per tonne. Fastmarkets’ pricing database has been updated to reflect this change.  The affected price is as follows:MB-GER-0004 Germanium 99.999% Ge min, in-whs China, […]