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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.

February 13, 2026
By Fastmarkets pricing team
Base metals Global Industrial minerals Minor metals Pricing notice Rare earths Scrap and secondary

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.

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