The consultation began on November 25, 2025, was extended on January 6 this year and ended on February 6. It sought feedback from a range of market participants on the location of delivery, material density and payment terms. Based on market feedback received during the consultation, Fastmarkets has decided to amend the delivery location to delivered consumer […]

The consultation, which was originally open until February 6, sought to address growing market interest in these prices, to give more visibility into the price formation process and to more closely align these assessments with observed trading patterns. Specifically, Fastmarkets is seeking further feedback on: Extended consultation periodThe extended consultation period for these proposed changes starts […]

Fastmarkets published its assessment of the MB-STE-0232 steel scrap No1 busheling, consumer buying price, delivered mill Chicago, $/gross ton on Monday February 9, 2026.

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 […]

Following a two-week consultation period, which concluded on Thursday February 5, Fastmarkets has amended the publication time of the indices for MB-IRO-0011 iron ore 61% Fe fines, fot Qingdao, yuan/wet tonne, and MB-IRO-0022 iron ore 61% Fe fines, fot Qingdao, $/dmt conversion from daily at 6:30pm Singapore time to daily at 6:30pm Shanghai time, as well as to […]

The rationales for the two indices were not in the appropriate sections and a discard judgement was omitted.  The rationales have been corrected as follows: Pricing rationale for MB-IRO-0191 on 06 Feb 2026Fastmarkets’ index for iron ore 61% Fe fines, CFR Qingdao fell by $1.36 per tonne from the previous day. The price movement was based on […]

An incorrect EUR/USD exchange rate, used to convert the cost of inputs priced in euros to US dollars, caused the prices to be calculated incorrectly. This has now been rectified. The following prices were affected: AG-SAF-0004 Sustainable aviation fuel (SAF max), base cost, exw Netherlands, $/tonnePublished incorrectly as: $2,995 per tonneCorrected to: $1,996 per tonne […]

The publication of Fastmarkets’ European aluminium billet premiums assessments for Friday February 6 was delayed because of a procedural error. Fastmarkets’ pricing database has been updated.

Fastmarkets has corrected its MB-GD-0001 Gadolinium oxide 99.99%-99.999% fob China, $/kg price, which was published incorrectly.

Fastmarkets launches MB-STE-0951 Steel hot-rolled coil index, fob mill Canada on Thursday February 5.