Final decision of open consultation on coking coal indices, coke assessment

Fastmarkets invited feedback from the industry on the pricing methodology for its coking coal indices and coke assessment, via an open consultation process between February 20 and March 31. This consultation was done as part of our published annual methodology review process.

The consultation closed on March 31, with no new comment or feedback received suggesting that any material change is required to the existing methodology.

The consultation sought to ensure that our methodology continued to reflect the physical coking coal and coke markets that the indices covered, in compliance with the principles of the International Organization of Securities Commissions (IOSCO) for price reporting agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequencies.

The current methodology for Fastmarkets’ coking indices and coke assessment can be found here.

To see all of Fastmarkets’ pricing methodology and specification documents, go to the Fastmarkets Methodology.

What to read next
Fastmarkets has corrected the rationale for its MB-MNO-0002 manganese ore semi carbonate index, 36.5% Mn, fob Port Elizabeth, which was published incorrectly on Friday June 5 due to incorrect source data.
Fastmarkets invited feedback from the industry on the pricing methodology for PIX Packaging Europe indices via an open consultation process between May 7 and June 8, 2026. This consultation was done as part of our published annual methodology review process.
A United Auto Workers (UAW) strike at the American Axle factory in Three Rivers, Michigan, that began on Monday June 1 could lead to reduced demand for automotive steel if not resolved quickly, but analysts disagree on whether it will ultimately have a significant impact.
The MB-MNO-0003 Manganese ore semi carbonate index, 36.5% Mn, cif Tianjin, $ per dmtu was published in error as $4.75 per dry metric tonne unit. It has been corrected to $4.74 per dmtu. The rationale for the same index on the same date was also updated to reflect this change. It erroneously stated that “Fastmarkets’ manganese ore semi-carbonate […]
The publication of Fastmarkets’ price assessments for MB-FEO-0004 molybdenum, MB drummed molybdic oxide Mo, in-whs Busan; for MB-FEO-0003 molybdenum, drummed molybdic oxide, 57% Mo min, in-whs Rotterdam; and for MB-FEO-0001 ferro-molybdenum, 65% Mo min, in-whs Rotterdam, was delayed on Monday June 8 owing to slow data processing.
Fastmarkets has corrected the rationale for its MB-NI-0247 Nickel sulfate premium, cif Japan and Korea, which was published incorrectly on Friday June 5 due to a reporter error.