Final decision on open consultation on methodology for US pig iron import price assessment

This consultation was done as part of our annual methodology review process. This notice was delayed past its original May 2 schedule.

No feedback was received during the consultation period and therefore no changes will be made to the methodology at this stage.

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 methodology for the US pig iron import assessment via this link.

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