Delayed publication of CIS, Europe pig iron, Europe HBI assessments

The publication of Fastmarkets’ assessments for MB-IRO-0002 pig iron export, fob main port Black Sea, CIS; MB-IRO-0014 pig iron import, cfr Italy; and MB-FE-0004 hot-briquetted iron, cfr Italian ports for June 5 were delayed because of an error. Fastmarkets’ pricing database has been updated.

The following prices were published at 4:24pm London time, instead of by the scheduled time of 4pm London time:

MB-IRO-0002 Pig iron export, fob main port Black Sea, CIS, $/tonne
MB-IRO-0014 Pig iron import, cfr Italy, $/tonne
MB-FE-0004 Hot-briquetted iron, cfr Italian ports, $/tonne

These prices are a part of the Fastmarkets Steel Raw Materials Physical Prices package.

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 this price, please contact Marina Shulga by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Marina Shulga, re: CIS and Europe pig iron and Europe HBI.”

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.

What to read next
Following preliminary discussions with the market and interrogation of data collected by Fastmarkets over recent months, Fastmarkets now proposes to assess and publish the price for ferro-niobium, 63-67%, delivered consumer works, dp Europe, on Wednesdays and Fridays, from the current basis of once weekly on Wednesdays. This more frequent price assessment will enable Fastmarkets to […]
No feedback was received during the consultation period and therefore no changes will be made to the methodologies at this stage. This consultation sought 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 […]
Following the consultation, which closed on Thursday June 12, Fastmarkets will amend the frequency of Taiwan base metals premium and delivery timing for tin 99.99% ingot premium, with the first publication on a monthly frequency taking place on Tuesday July 1. The change in frequency will help to better reflect the dynamics in the Taiwan […]
The global steel industry’s move to decarbonize and China’s penchant for lower-grade ores in recent years have uncovered challenges for high-grade iron ore to live out its value in both the blast furnace-based steelmaking route and the direct-reduction iron process, delegates told Fastmarkets during the Singapore International Ferrous Week (SIFW), which takes place from May 26-30.
Discover how President Trump's tariffs impact the US fluff pulp export market, specifically targeting the EU and China.
The global iron ore market, a pivotal component of the steelmaking industry, has historically been driven by simple supply and demand dynamics. However, steel trade tariffs, trade wars and a growing trend toward resource nationalism are reshaping this once-basic industrial staple. These forces, alongside rising environmental regulations and shifting trade patterns, are profoundly influencing iron ore pricing, production and consumption trends.