Final decision on open consultation on methodology review for non-ferrous materials, industrial minerals

Fastmarkets invited feedback from the industry on the pricing methodology for its non-ferrous materials and industrial minerals prices, via an open consultation process between January 6 and February 6. This consultation was done as part of our published annual methodology review process.

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

An inquiry was made about the potential launch of two new industrial mineral prices, and this is being followed up.

This consultation sought to ensure that our methodologies continue to reflect the physical markets in base metals, minor metals, ores & alloys, rare earths and industrial minerals, 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.

There is an ongoing consultation about the launch of two antimony metal cif Rotterdam/Antwerp price assessments, which can be found here.

View the Non-ferrous Metals methodology here: Metals: Non-ferrous metals – Fastmarkets

View the Rare Earths methodology here: Metals: Rare earths – Fastmarkets

View the Chrome Ore Index methodology here: Metals: Chrome Ore Index – Fastmarkets

View the Industrial Minerals methodology here: Metals: Industrial minerals – Fastmarkets

To see all Fastmarkets pricing methodology and specification documents, go to the Fastmarkets methodology page.

What to read next
Discover the key trends shaping the global packaging market in 2026, with a focus on sustainable innovations and regional dynamics impacting the market.
This consultation was done as part of our published annual methodology review process. No feedback was received about a methodology change during the consultation period and therefore no changes will be made to the methodologies at this stage. This consultation sought to ensure that our methodologies continue to reflect the physical CFR Manila steel billet market, in […]
The prices that will be affected are AG-SAF-0006 sustainable aviation fuel (SAF max), base cost, exw Netherlands (incl. HBE-IXB credits), $ per tonne, and AG-SAF-0007 sustainable aviation fuel (HVO max), base cost, exw Netherlands (incl. HBE-IXB credits), $ per tonne. Following the update by the Netherlands to its current biofuel mandate ahead of its full implementation of […]
Fastmarkets has suspended its pricing for Iran steel billet and slab exports following the escalation of the conflict between the US, Israel and Iran and because relevant, relative pricing data is not immediately available.
The two prices will broaden coverage of the world’s largest graphite flake market, complementing existing Fastmarkets’ graphite flake offerings. The new Chinese domestic prices will provide market participants with additional reference points, capturing unique dynamics of Chinese graphite market, particularly in the wake of graphite export controls that have raised the need for domestic market […]
Fastmarkets published its assessment of the MB-STE-0232 steel scrap No1 busheling, consumer buying price, delivered mill Chicago, $/gross ton on Thursday March 5, 2026.