Correction to chromium alumino-thermic 99% min, in-whs Rotterdam price assessment, rationale on October 24

Fastmarkets has corrected its MB-CR-0001 chromium alumino-thermic 99% min, in-whs Rotterdam price assessment and rationale, which were published incorrectly on Friday October 24, due to an incorrect methodology application.

MB-CR-0001 Chromium alumino-thermic 99% min, in-whs Rotterdam, $/tonne was published in error at $8,800-9,200 per tonne. It has been corrected to $8,800-9,476 per tonne.

Fastmarkets’ pricing database and the relevant rationale has been updated to reflect this change.

This price is part of the Fastmarkets minor metals package.

For more information or to provide feedback on this correction notice, or if you would like to provide price information by becoming a data submitter to this price assessment, please contact pricing@fastmarkets.com and minormetals@fastmarkets.com. Please add the subject heading “re: chromium alumino-thermic 99% min, in-whs Rotterdam.“

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to the Fastmarkets methodology page.

What to read next
Fastmarkets’ daily steel hot-rolled coil index, fob mill US Midwest for Tuesday May 19 was published earlier than scheduled due to an error. Fastmarkets’ pricing database has been updated.
The four assessments will cover continental Europe and the UK, for tissue jumbo rolls made from wood pulp and recycled pulp in a basis weight range of 14.5-18.0g per square meter. The decision follows a one-month consultation period that ended on Saturday May 16. The proposed specifications are as follows: FP-TS-0009 Tissue, wood pulp jumbo rolls for […]
Fastmarkets is clarifying the publishing schedule for two Saudi Arabia steel price assessments following confirmation of the dates of the Eid al-Adha holiday.  The two price assessments affected are as follows: MB-STE-0909 – Steel reinforcing bar (rebar), domestic, delivered Saudi Arabia, riyals/tonne MB-STE-0940 – Steel billet, import, cfr Saudi Arabia, $/tonne The domestic rebar price assessment […]
The following price was affected: MB-STE-0923 Flat steel reduced carbon emissions, daily inferred, exw China, yuan/tonne, scheduled for 5-6pm China Standard Time (Shanghai), was published at 9:13pm. This price is part of the Fastmarkets steel package. For more information or to provide feedback on the delayed publication of this price, or if you would like […]
Fastmarkets wants to clarify that its holiday schedule for its Asian POME price assessments will follow the Singapore holiday calendar.
Based on preliminary market feedback, market participants noted that smaller-sized spot market transactions may be skewed and not reflective of the wider market. The aluminium P1020A(MJP), cif Japan, assessment specification which has a minimum tonnage of 100 tonnes will be amended to 500 tonnes after the proposed change. The proposed new specifications are as follows, […]