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Open consultation on Fastmarkets’ non-ferrous materials, industrial minerals methodology

Fastmarkets is inviting feedback from the industry on its pricing methodology and product specifications for non-ferrous materials and industrial minerals, as part of its announced annual methodology review process.

October 5, 2023
By Juliet Walsh and Fleur Ritzema
Pricing notice

This consultation, which is open until Friday November 3, 2023, seeks to ensure that our methodology continues to reflect the physical market in base metals, minor metals, ores and alloys, 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.

View the Fastmarkets non-ferrous methodology here: Metals: Non-ferrous metals – Fastmarkets

View the Fastmarkets chrome ore index methodology here: Metals: Chrome Ore Index – Fastmarkets

View the Fastmarkets industrial minerals methodology here: Metals: Industrial minerals – Fastmarkets

To provide feedback on the annual review of our methodology, or if you would like to provide price information by becoming a data submitter to the prices or indices, please contact Fastmarkets by email at pricing@fastmarkets.com.

For feedback or comment please add the subject heading ‘FAO: Fleur Ritzema, Juliet Walsh re: Non-ferrous and industrial minerals methodology.’

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 Wednesday November 8, 2023, 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 for the industry.

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

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