Delayed publication of Chrome ore, ferro-chrome benchmark indicator

The publication of Fastmarkets’ price assessment for chrome ore and its ferrochrome benchmark indicator was delayed on Tuesday January 17 due to an editor error in the review process.

The affected prices are:

MB-FEC-0019 Ferro-chrome, lumpy, Cr benchmark indicator, charge basis 52% (and high carbon), Europe, which was calculated on January 17 at $1.60 per lb
MB-CHO-0003 Chrome ore South Africa UG2/MG concentrates index, cif China, which was assessed on the same day at $280 per tonne.

The price values were not affected.

Fastmarkets’ price book and database have both since been updated.

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

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

What to read next
Following a six-week consultation period, Fastmarkets can confirm it will amend the calculation method for all the average functions on the Fastmarkets platform from Wednesday March 1, 2023.
Consolidation, the recycling of electric vehicle batteries, US steel exports and the benefits of sustainable steelmaking were key talking points at Fastmarkets’ Scrap & Steel 2023 conference in Dallas in January
Fastmarkets has corrected its MB-IRO-0008 iron ore 62% Fe fines, cfr Qingdao index, which was published incorrectly on Wednesday January 25 due to a technical error.
Green shoots of increased demand will emerge in US ferrous markets courtesy of the Biden administration’s trillion-dollar infrastructure package in 2023, Schnitzer’s executive vice president and chief strategy officer Richard Peach said at Fastmarkets’ Steel and Scrap Conference 2023 in Dallas, Texas
US special bar quality steel prices rose in January in line with rising scrap and alloy costs, according to market participants
European metal industry association Eurometaux has called on the European Commission to follow the lead shown by the Inflation Reduction Act and deliver a “powerful” policy to support the industry in the EU while it tries to keep up with the move to a new generation of energy markets
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
Proceed