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.

What to read next
The tungsten market was changing, Fastmarkets heard in the week to Wednesday June 24, and in a trading environment that was becoming less globalized and more fragmented, alongside trade tensions between the US and China in particular, the relationship between prices within China and outside the country has shifted.
Fastmarkets has amended its pricing holiday calendar to show Monday June 29, 2026 as a non-publishing day for Black Sea grains and oilseeds prices.
This consultation, which is open until July 27, 2026, seeks to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency. You can […]
Fastmarkets has corrected the rationale for MB-CU-0287 Copper concentrates TC index, cif Asia Pacific, $/tonne, which was published incorrectly on Friday June 26 due to a typo.
Fastmarkets has launched a monthly price assessment for medium carbon ferro-manganese in Europe, effective on Friday June 26, following market requests for price transparency.
Fastmarkets has amended the frequency of its MB-NI-0246 Nickel sulfate, cif Japan and Korea, and MB-NI-0247 Nickel sulfate premium, cif Japan and Korea assessments to fortnightly from weekly, effective Friday June 26.