Launch of new European low carbon ferro-chrome price assessment

Fastmarkets will launches its price assessment for ferro-chrome low carbon, 0.10% C, basis 60-64.9% Cr, CIF Europe, on Tuesday June 6.

After an extended consultation period, Fastmarkets will launch a fortnightly assessment of the price of low carbon ferro-chrome to track the growth and trajectory of this market in Europe.

The specifications of the new price are as follows:

MB-FEC-0022 Ferro-chrome low carbon, 0.10% C, basis 60-64.9% Cr, CIF Europe, $ per lb Cr
Quality: Lump, Cr 60-64.9%, C 0.10%, Si 1.5% max, P 0.03% max, S 0.03% max
Quantity: Min 25 tonnes
Location: CIF Europe
Unit: USD per lb of chrome contained
Payment terms: 30 days, other payment terms normalized
Publication: Fortnightly, Tuesday, 2-3pm London time.

To provide feedback on this price, or if you would like to provide price information by becoming a data submitter to this price, please contact Claire Patel-Campbell by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Claire Patel-Campbell, re: low carbon ferro-chrome.”

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

What to read next
There are five major challenges facing China’s green ferro-alloys premiums, multiple sources told Fastmarkets at the 40th International Ferro-alloys Conference held in Istanbul, Turkey, on November 10-12.
Following an extended consultation period, Fastmarkets is launching two prices assessments for ferro-nickel with 20-25% nickel contained both on an outright basis and a premium/discount basis. These prices aim to provide greater transparency to the CIF China ferro-nickel market and a broader reference for participants and will complement  Fastmarkets’ exisiting high grade ferro-nickel, 26-32% Ni contained […]
Fastmarkets has corrected the publication dates for its FP-GP-0153 newsprint 45g CIF India and FP-GP-0158 newsprint 42g CIF India price assessments, which were published incorrectly on September 6.
Fastmarkets is to amend the timing window for its MB-AL-0381 aluminium low-carbon differential P1020A from Friday December 6.
Fastmarkets proposes to amend the frequency of the publication of several US base metal price assessments to a monthly basis, including MB-PB-0006 lead 99.97% ingot premium, ddp Midwest US; MB-SN-0036 tin 99.85% premium, in-whs Baltimore; MB-SN-0011 tin 99.85% premium, ddp Midwest US; MB-NI-0240 nickel 4x4 cathode premium, delivered Midwest US and MB-NI-0241 nickel briquette premium, delivered Midwest US.
Fastmarkets proposes to discontinue its MB-PB-0099 lead 99.99% ingot premium, delivered Midwest US price assessment.