Open consultation on Fastmarkets’ metals recycling methodologies

Fastmarkets is inviting feedback from the industry on its pricing methodology and product specifications for metals recycling, as part of its announced annual methodology review process.

This consultation, which is open until Friday February 13, seeks to ensure that our methodologies continue to reflect the physical metals recycling markets, in compliance with the International Organization of Securities Commission (IOSCO) principles for price reporting agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency.

View the ferrous scrap methodologies via this link and via this link.

View the non-ferrous scrap methodologies via this link and via this link.

Please send responses in writing, preferably in electronic format, to the following addresses: pricing@fastmarkets.com and metalsrecycling@fastmarkets.com. Please add the subject heading “FAO: Sean Barry re: Metals recycling methodologies.” 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 Thursday February 19 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 the Fastmarkets methodology page.

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