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 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 […]

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 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 […]

The price and laycan of a fixed-price Pilbara Blend fines transaction concluded on a public platform were erroneously recorded in the trade log in these indices’ rationale. The trade log entry has been corrected as follows:Rio Tinto, Beijing Iron Trading Center (COREX), 170,000 tonnes of 61% Fe Pilbara Blend fines, traded at $103.70 per tonne, […]

Fastmarkets will launch a price assessment for MB-BAR-0021 Barite, drilling grade, unground lump, bulk, SG 4.30 fob Vietnam on Thursday September 25 and has discontinued its MB-BAR-0004 Barite, API, 1.5t big bags, ground, fob Southern Turkey price assessment. The final assessment of MB-BAR-0004 took place on August 28 and all short-term forecasts associated with the […]

Given the prevailing specifications of mid-grade iron ore fines and mid-grade Australia lump in the seaborne spot market, Fastmarkets proposes to launch the index to track and reflect the spot price of 60-63% Fe iron ore lump over the spot price of 61% Fe iron ore fines in the CFR Qingdao spot market, aligning with […]

The publication of Fastmarkets’ MB-ILM-0004 ilmenite concentrate, 47-49% TiO2, cif China, MB-RUT-0001 rutile 95% TiO2 min, large volumes for pigment, fob Australia, and MB-RUT-0002 rutile 95% TiO2 min, bagged, fob Australia, price assessments for September 11 were delayed because of a reporter error. Fastmarkets’ pricing database has been updated. The following prices were affected: MB-ILM-0004 ilmenite […]

The publication of Fastmarkets’ MB-STE-0923 Flat steel reduced carbon emissions, daily inferred, exw China, yuan/tonne assessment for September 11 was delayed because of a procedural lapse. Fastmarkets’ pricing database has been updated. The publication of the affected price was delayed for around three hours. The following price was published late: MB-STE-0923 Flat steel reduced carbon emissions, […]

Fastmarkets has corrected the rationale for its MB-STE-0184 steel hot-rolled coil index, fob mill US Midwest, which was published incorrectly on Tuesday September 2 due to the inclusion of an incorrect date. The rationale for MB-STE-0184 steel hot-rolled coil index, fob mill US Midwest, had erroneously stated that the index was calculated at $41.50 per cwt on […]