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
The publication of Fastmarkets’ European steel beams and sections assessments for Wednesday April 15 was delayed due to a reporter error. Fastmarkets’ pricing database has been updated.
Fastmarkets has launched a suite broker/processor and ex-works prices to service the domestic and export Mexican stainless steel scrap markets respectively.
Fastmarkets has decided to make changes and clarifications to its methodologies for nickel cobalt manganese (NCM) black mass price assessments, including name changes, to bring them into closer alignment with current spot market specifications.
The decision follows a one-month consultation period, which ended on April 6. Please note that Fastmarkets will increase the publication frequency to weekly from what was originally proposed. This frequency change is in line with feedback received during the proposal phase. This frequency change follows changes in Brazil’s import environment, including the introduction of anti-dumping measures […]
Fastmarkets is proposing to launch new price series for its benchmark European PIX Pulp gross prices and North American effective list pulp prices from June 1, 2026. The new prices would run concurrently alongside existing prices for one year before the existing prices with higher discount levels are discontinued on June 1, 2027.
The rationale for MB-FEN-0003 Ferro-nickel premium/discount, 26-32% Ni contained, cif China, had erroneously stated that the price was assessed on Monday April 12. This has been corrected to Monday April 13. The published price is unaffected by this change. This price is a part of the Fastmarkets ores and alloys package. For more information or to […]