The prices in question are: MB-STE-0100 Steel scrap, HMS 1&2 (80:20 mix), export, fob main port UK, $ per tonneMB-STE-0099 Steel scrap shredded, export, fob main port UK, $ per tonneMB-STE-0095 Steel scrap shredded, import, cfr delivered Turkish port, $ per tonneMB-STE-0420 Steel scrap, HMS 1&2 (80:20 mix), fob Rotterdam, $ per tonne. Increasing the frequency of assessment of […]

Under the proposal, less-frequent price assessments that fall on Chinese public holidays will be published on the nearest working day. The prices are being skipped according to the currently pricing holiday schedule. Fortnightly and monthly prices that fall on Chinese public holidays will be assessed and published on the closest working day in the same […]

Fastmarkets has decided not to proceed with the proposed launch of inferred net prices for the PIX Pulp NBSK and PIX Pulp BHKP indices in Europe at this time. After assessing market feedback, Fastmarkets has determined that current circumstances do not make the launch of inferred net prices viable. Throughout this process, Fastmarkets has continued […]

This consultation was done as part of our annual methodology review process. This notice was delayed past its original May 2 schedule. No feedback was received during the consultation period and therefore no changes will be made to the methodology at this stage. This consultation sought to ensure that our methodologies continue to reflect the […]

The publication of Fastmarkets’ assessments of Shanghai bonded aluminium, zinc and nickel stocks for April 30 were delayed because of a reporter error. Fastmarkets’ pricing database has been updated. The data effective for April 30 was published on May 7 as a result. The following assessments were affected:Shanghai aluminium bonded stocksShanghai zinc bonded stocksShanghai nickel […]

After a consultation period, Fastmarkets has launched a soap stock acid oil price assessment to add value to the current European biofuel feedstocks assessment complex and contribute to overall market transparency in the industry. AG-SAO-0001 Soap stock acid oil CIF Amsterdam, Rotterdam, Antwerp, $/tonneQuality: Free fatty acids (FFA) max. 80%, moisture, impurities and unsaponifiable matter (MIU) […]

The rationale for MB-LI-0012 spodumene min 6% Li2O, spot price, cif China, had erroneously stated that “Spodumene prices declined this session, amid continued weakness in lithium carbonate prices on the Guangzhou Futures Exchange (GFEX).” This has been corrected to “Spodumene prices declined this session, due to weakness in lithium markets and ongoing bearish sentiment.” The published price […]

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% […]

MB-STE-0926 Green steel, differential to steel reinforcing bar (rebar) domestic, delivered Northern Europe, €/tonne was initially incorrectly input within the range of €30-40 per tonne. The correct differential is €20-40 per tonne. MB-STE-0925 Green steel base price, reinforcing bar (rebar) domestic, delivered Northern Europe, inferred, €/tonne was incorrectly input at €685-720 per tonne. The correct inferred price is €675-720 […]