Discontinuation of Fastmarkets’ converted price assessments

Fastmarkets has discontinued the following converted price assessments:

  • MB-STE-0468 Steel hot-rolled coil index, fob mill US, $/short ton
  • MB-STE-0469 Steel cold-rolled coil, fob mill US, $/short ton
  • MB-STE-0470 Steel hot-dipped galvanized (base) steel coil, fob mill US, $/short ton
  • MB-AL-0233 Aluminum alloy A380.1, delivered Midwest, $/lb
  • MB-CU-0310 Copper grade 1 cathode premium, ddp Midwest US, $/tonne
  • MB-FEC-0012 Ferro-chrome high carbon 6-8% C, basis 60-65% Cr, max 2% Si, in-whs Pittsburgh, $/lb
  • MB-FEC-0014 Ferro-chrome low carbon 0.10%C, 62% Cr min, in-whs Pittsburgh, $/lb
  • MB-FEC-0013 Ferro-chrome low carbon 0.05%C, 65% Cr min, in-whs Pittsburgh, $/lb
  • MB-FEC-0015 Ferro-chrome low carbon 0.15%C, 60% Cr min, in-whs Pittsburgh, $/lb
  • MB-FEM-0004 Ferro-manganese medium carbon 80% Mn, max 1.50% C, in-whs Pittsburgh, $/lb
  • MB-SIM-0005 Silico-manganese 65% Mn min, min 16% Si, in-whs Pittsburgh, $/lb

After a consultation period, Fastmarkets has discontinued these prices which had previously been converted from other published markets (see table below for alternative market to use going forward). These markets can now be converted using the conversion service on the Fastmarkets Dashboard.

If you have any comments on the discontinuation of these prices, please contact Barbara O’Donovan by email at pricing@fastmarkets.com. Please add the subject heading ‘FAO: Barbara O’Donovan, re: converted price assessments.’

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

What to read next
Fastmarkets has launched three weekly wheat freight rate assessments — Ukraine-Egypt, CVB-Egypt and Russia-Saudi Arabia — and has clarified that its existing Black Sea-North Africa freight assessment refers to the Russia-Egypt route and its Black Sea-Persian Gulf assessment refers to the Russia-Iran route. The Russia-Egypt assessment will also transition from Supramax to Handy-sized vessels. All changes are effective Wednesday May 20, 2026.
Egypt is the world’s largest wheat importer, with consumption surpassing 20 million tonnes per year and a persistent structural import gap of approximately 10-13 million tpy despite initiatives to boost domestic production. Egypt also serves as a principal market for Black Sea suppliers, including Russia, Ukraine, Romania and Bulgaria. Until 2025, there was an established […]
Fastmarkets changed the timestamp for its daily used cooking oil flexi-tank, fob China and used cooking oil, bulk, fob China price assessments from 4:30pm London time to 4:30pm Singapore time effective Wednesday May 20, 2026, as a result of an open consultation.
The proposal follows Fastmarkets’ observations that the commodity sees inactive spot liquidity and low volatility in prices. The proposed new specifications for the prices are as follows, with the amendments in italics: MB-NI-0246 Nickel sulfate, cif Japan and Korea, $/tonneQuality: Accepted by buyer for use in battery applications with chemical composition: Ni content, base 22.3% […]
Fastmarkets’ daily steel hot-rolled coil index, fob mill US Midwest for Tuesday May 19 was published earlier than scheduled due to an error. Fastmarkets’ pricing database has been updated.
The four assessments will cover continental Europe and the UK, for tissue jumbo rolls made from wood pulp and recycled pulp in a basis weight range of 14.5-18.0g per square meter. The decision follows a one-month consultation period that ended on Saturday May 16. The proposed specifications are as follows: FP-TS-0009 Tissue, wood pulp jumbo rolls for […]