Fastmarkets proposes to launch cif US/Europe tantalum assessment

Fastmarkets plans to assess the tantalum market serving the superalloys markets in the United States and Europe.

This price assessment would complement our existing tantalite CIF China and ferro-niobium DP Europe market coverage.

The proposal to assess the tantalum spot market follows market interest from downstream sectors in Europe and the US keen for insight into this critical feedstock for nickel-based superalloys.

The specification of this price would be as follows:

Tantalum, 99.8-99.9% Ta, cif US/Europe, $/kg
Quantity: minimum 100kg
Incoterm: CIF
Location: main ports Europe/US
Specification: 99.8-99.9% Ta
Unit & Currency: US$ per kg
Delivery period: Material arriving within three months
Data window: Monthly, starting one hour (2pm, London time) before the publication of the previous assessment  
Frequency: First Friday of the month, following the UK holiday schedule.
Publication: at 3pm London time
Payment terms: 30 days (other payment terms normalized)

Please send any questions or comments by Friday July 31 to pricing@fastmarkets.com and minormetals@fastmarkets.com. 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 the Fastmarkets
methodology page.