Decision to discontinue nickel pig iron contract price assessment: pricing notice

Fastmarkets has discontinued its weekly price assessment for MB-FEN-0001 nickel pig iron, high-grade NPI content 10-15%, contract, ddp China, on Friday November 21.

After a consultation period that ended on November 18, Fastmarkets has discontinued its weekly price assessment for MB-FEN-0001 nickel pig iron, high-grade NPI content 10-15%, contract, ddp China, due to the insufficient price inputs under the current market conditions and a lack of liquidity on an outright basis for the NPI contract price.

All short-term forecasts associated with this price produced by the Fastmarkets research team, if any, have also been discontinued.

If you have any comments on the discontinuation of this price, please contact pricing@fastmarkets.com, steelrawmaterials@fastmarkets.com. Please add the subject heading “re: NPI contract price assessment.”

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.