Fastmarkets invited feedback from the industry on the pricing methodology for its nickel sulfate ex-works China price via an open consultation process between April 22 and May 20, 2022. This consultation was done as part of our published annual methodology review process

Following a consultation period and market feedback, Fastmarkets will not discontinue its biweekly imported steel plate price assessment.

Fastmarkets has ended a temporary pricing suspension on US pig iron basic grade, Ukraine/Russia, fob New Orleans, effective Monday May 23, following confirmation of recent sales.

Fastmarkets used the London Metal Exchange base metals prices at 9:41am London time for the arbitrage calculations on Monday May 23, because there was no data available at 8:00am due to a system error.

Fastmarkets today, Wednesday May 11, launches weekly price assessments for the Italian and Spanish domestic rebar markets, to replace its previous Southern European domestic rebar assessment.

After a one-month consultation period, Fastmarkets has amended the frequency of its China import steel scrap indices.

Fastmarkets invited feedback on the pricing methodology for its iron ore indices via an open consultation launched on March 2. This one-month consultation was done as part of our published annual methodology review process

Fastmarkets proposes to amend the minimum accepted tonnage for data collection of US ferro-molybdenum and molybdic oxide from 10 tons to 5 tonnes.

Fastmarkets has temporarily suspended pricing for ferrous scrap turnings in the Pittsburgh market effective Friday May 6 due to the absence of local buyers.

Fastmarkets invited feedback from the industry in an open consultation process between Monday April 4 and Wednesday May 4 on the pricing methodology for its US Midwest ferrous scrap indices.