Final decision on open consultation on methodology for ferro-molybdenum in-whs Rotterdam; molybdic oxide in-whs Rotterdam, Busan price assessments

Fastmarkets invited feedback from the industry on the pricing methodology for its price assessments for ferro-molybdenum 65% Mo min, in-whs Rotterdam, $ per kg Mo; molybdenum drummed molybdic oxide 57% Mo min, in-whs Rotterdam, $ per lb Mo; and molybdenum MB drummed molybdic oxide Mo, in-whs Busan, $ per lb, via an open consultation process between March 28 and April 28.

This consultation was done as part of our published annual methodology review process.

No feedback was received and therefore no changes will be made to the methodologies at this stage.

Full details of the prices covered by this consultation can be found on the Fastmarkets dashboard.

https://dashboard.fastmarkets.com/a/5226897/open-consultation-on-annual-methodology-review-for-ferro-molybdenum-in-whs-rotterdam-molybdic-oxide-in-whs-rotterdam-busan-pricing-notice

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 all elements of our pricing process, our price specifications and publication frequency.

You can find the current methodologies for these prices here: https://www.fastmarkets.com/methodology

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

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