Correction to ferrous metals weekly averages on December 28, 2024

A number of ferrous weekly averages were published with the date range of Sunday December 22 to Saturday December 28, outside of the usual range of Saturday to Friday. The date range has been corrected to Saturday December 21 to Friday December 27; this correction only fixes the dates to fit the database’s format. The original published averages are correct and have not changed.

The affected prices are as follows:
MB-STE-0783 Steel scrap HMS 1&2 (80:20), cfr Vietnam, $/tonne
MB-STE-0878 Steel scrap H2 Japan-origin import, cfr Vietnam, $/tonne
MB-STE-0464 Steel scrap HMS 1&2 (80:20 mix) US material import, cfr main port Taiwan, $/tonne
MB-FE-0005 Hot-briquetted iron, cfr Asia, $/tonne
MB-STS-0018 Stainless steel cold-rolled coil, Asia grade 304 (2mm 2B), cif East Asian port, $/tonne
MB-STS-0280 Stainless steel hot-rolled coil Asia grade 304, cif port East Asia, $/tonne
MB-STS-0282 Stainless steel cold-rolled coil 2mm grade 304 export, fob China, $/tonne
MB-STS-0283 Stainless steel hot-rolled coil grade 304 export, fob China, $/tonne
MB-BMS-0008 Black mass, NCM/NCA, payable indicator, cobalt, cif Southeast Asia, % payable Fastmarkets’ standard-grade cobalt price (low-end)
MB-BMS-0009 Black mass, NCM/NCA, payable indicator, lithium, cif Southeast Asia, % payable Fastmarkets’ lithium carbonate 99.5% Li2CO3 min, battery grade, spot prices cif China, Japan & Korea
MB-BMS-0007 Black mass, NCM/NCA, payable indicator, nickel, cif Southeast Asia, % payable LME Nickel cash official price
MB-BMS-0010 Black mass, LCO, payable indicator, cobalt, cif South Korea, % payable Fastmarkets’ standard-grade cobalt price (low-end)
MB-BMS-0011 Black mass, LCO, payable indicator, lithium, cif South Korea, % payable Fastmarkets’ lithium carbonate 99.5% Li2CO3 min, battery grade, spot prices cif China, Japan & Korea
MB-BMS-0002 Black mass, NCM/NCA, payable indicator, cobalt, cif South Korea, % payable Fastmarkets’ standard-grade cobalt price (low-end)
MB-BMS-0003 Black mass, NCM/NCA, payable indicator, lithium, cif South Korea, % payable Fastmarkets’ lithium carbonate 99.5% Li2CO3 min, battery grade, spot prices cif China, Japan & Korea
MB-BMS-0001 Black mass, NCM/NCA, payable indicator, nickel, cif South Korea, % payable LME Nickel cash official price
MB-STE-0145 Steel cold-rolled coil export, fob China main port, $/tonne 
MB-STE-0009 Steel galvanized coil 1mm export, fob main port China, $/tonne
MB-COA-0002 Hard coking coal, cfr Jingtang, $/wmt
MB-COA-0004 Hard coking coal, fob DBCT, $/wmt
MB-COA-0007 PCI low-vol, cfr South China, $/wmt
MB-COA-0005 Premium hard coking coal, cfr Jingtang, $/wmt
MB-COA-0003 Premium hard coking coal, fob eastern Australian ports, $ per wmt
MB-STE-0921 Green steel import, differential to rebar assessment, cfr Singapore, $/tonne
MB-STE-0924 Green steel base price, rebar cfr Singapore, weekly inferred, $/tonne
MB-IRO-0190 Iron ore spot 67.5% Fe magnetite-hematite pellet feed price differential, cfr Qingdao, $/tonne
MB-STE-0874 Steel scrap H2 export, fob main port Japan, ¥/tonne
MB-STE-0877 Steel scrap heavy scrap (HS) export, fob main port Japan, ¥/tonne
MB-STE-0876 Steel scrap Shindachi bara export, fob main port Japan,  ¥/tonne
MB-STE-0875 Steel scrap shredded export, fob main port Japan, ¥/tonne
MB-COA-0008 PCI low-vol, fob DBCT, $/wmt
MB-STE-0913 Steel billet import, cfr Indonesia, $/tonne
MB-STE-0141 Steel billet import, cfr Manila, $/tonne
MB-STE-0879 Steel scrap H2 Japan origin import, cfr main port South Korea, ¥/tonne
MB-STE-0880 Steel scrap HMS 1&2 (80:20) deep-sea origin import, cfr South Korea, $/tonne

These prices are part of the Fastmarkets Metals price 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 these prices, please contact Fastmarkets’ pricing operations team by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Pricing Operations, re: December Ferrous Weekly Averages.“ 

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 https://www.fastmarkets.com/methodology.