Early publication of US base metals prices

The publication of Fastmarkets’ US base metals prices were published early during the week of March 11-15 following the daylight saving time change in the US on March 10.

As a result, the data submission windows were closed early. The data collection and price assessments were not believed to have been affected by the early publications.

Per Fastmarkets’ methodology, the following prices were published before 3-4pm London time:

  • MB-CU-0002 copper grade 1 cathode premium, ddp Midwest US, US cents/lb
  • MB-ZN-0005 zinc SHG min 99.995% ingot premium, ddp Midwest US, US cents/lb
  • MB-PB-0006 lead 99.97% ingot premium, ddp Midwest US, US cents/lb
  • MB-PB-0099 lead 99.99% ingot premium, delivered Midwest US, US cents/lb
  • MB-NI-0241 nickel briquette premium, delivered Midwest US, US cents/lb
  • MB-NI-0240 nickel 4×4 cathode premium, delivered Midwest US, US cents/lb
  • MB-AL-0020 aluminium P1020A premium, ddp Midwest US, US cents/lb

The prices are part of Fastmarkets’ base metals price package. 

For more information, to provide feedback on the early publication or if you would like to become a data submitter to this prices, please contact Grace Asenov by email at pricing@fastmarkets.com. Please add the subject heading: FAO: Grace Asenov, re: US base metals prices.

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/about-us/methodology.

What to read next
Following an initial consultation with the market, Fastmarkets is proposing to:  The new specifications would be as follows, with amendments in italics: MB-CU-0002 Copper grade 1 cathode premium, ddp Midwest US, US cents/lb Quality: Grade A 99.9935% min copper cathode conforming to LME specifications BS EN 1978:2022 – Cu-CATH-1 or Grade 1 Electrolytic Copper Cathode ATSM B1115-10 Quantity: Min […]
The proposed price will expand Fastmarkets’ coverage of the flat stainless steel market in Europe by complementing the price assessment for MB-STS-0281 stainless steel cold-rolled sheet, 2mm, grade 304, transaction domestic, delivered North Europe. The proposal follows preliminary discussions with the market and coincides with a proposal to discontinue the assessment of the base price for […]
Fastmarkets’ 2025 outlook for key raw materials and ingredients used in the production and distribution of fast-moving consumer goods.
The proposal follows preliminary discussions with the market and interrogation of existing data collected by Fastmarkets, which suggest that these prices are no longer used by the wider market. Base price trading has been suspended since the end of 2022 due to poor market conditions. In its place, business has been done on a transaction […]
This strategic launch is intended to offer the market a single reference price denoting the differential between US Midwest rebar and heavy melting-grade scrap, a key component in the production of that grade. Details of the previous launches can be found via this link. The methodology specification for this differential is: MB-STE-0930 Steel reinforcing bar […]
Vale Base Metals plans to boost annual copper production to 700,000 tonnes by 2035, aiming to become a top-five global producer of nickel and copper. CEO Shaun Usmar highlights a focus on productivity, cost optimization and sustainable growth. With strong assets in Canada and Brazil, Vale is well-positioned to meet rising global demand.