Open consultation on annual methodology review for manganese ore indices

Fastmarkets is inviting feedback from the industry on the pricing methodology for its fob and cif manganese ore indices, as part of its annual methodology review process.

This consultation, which is open until April 27, 2026, seeks to ensure that our methodologies continue to reflect the physical markets, 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.

The prices under review are:

MB-MNO-0001 Manganese ore high grade index, cif Tianjin, $ per dmtu

MB-MNO-0003 Manganese ore semi carbonate index, 36.5% Mn, cif Tianjin, $/dmtu

MB-MNO-0002 Manganese ore semi carbonate index, 36.5% Mn, fob Port Elizabeth, $/dmtu

The current methodology for these prices can be found here.

Please send responses in writing, preferably in electronic format, to the following addresses: pricing@fastmarkets.com and steel@fastmarkets.com. Please add the subject heading “Manganese ore indices price annual review, 2026.” Please specify whether your response is confidential. Opinions offered in confidential responses may be referenced but will not be attributed in any way.

Fastmarkets will publish the outcome of this methodology review by May 4, 2026, including a summary of the feedback — with the exception of those responses marked as confidential. Any proposals to make material changes, discontinue or launch prices will involve a separate market consultation, the length of which will depend on how substantial the change is.

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

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