Delayed publication of chrome index, ferro-chrome price assessments

The publication of Fastmarkets’ UG2 chrome ore concentrates index and ferro-chrome benchmark indicator - as well as the price assessments for chrome ore and ferro-chrome - were delayed on Tuesday December 7 because of an error in the approval process.

Fastmarkets published the chrome index and ferro-chrome prices later than 3pm due to an approval error. The Fastmarkets price book and database have both since been updated.

The affected prices are:

MB-CHO-0003 chrome ore South Africa UG2/MG concentrates index, cif China, $ per tonne

MB-FEC-0019 ferro-chrome, lumpy Cr, benchmark indicator, charge basis 52% (and high carbon), Europe, $ per lb

MB-CHO-0002 chrome ore, Turkish lumpy, 40-42%, cfr main Chinese ports, $ per tonne

MB-FEC-0011 ferro-chrome, 50% Cr, import, cif main Chinese ports, $ per lb contained Cr

MB-FEC-0004 ferro-chrome, high carbon, 6-8.5% C, basis 60-64.9% Cr, max 3% Si, cif Europe, $ per lb Cr

MB-FEC-0021 ferro-chrome, high carbon, 6-8.5% C, basis 65-70% Cr, max 1.5% Si, delivered Europe, $ per lb Cr

For more information, or to provide feedback on the delayed publication of these indices and prices, or if you would like to provide price information by becoming a data submitter to these indices and prices, please contact Claire Patel-Campbell by email at: pricing@fastmarkets.com. Please add the subject heading ‘FAO: Claire Patel-Campbell, re: UG2 chrome ore index.’

To see all Fastmarkets’ pricing methodology and specification documents, go to: https://www.fastmarkets.com/about-us/methodology.