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.

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

What to read next
Fastmarkets has amended its pricing holiday calendar to show Monday June 29, 2026 as a non-publishing day for Black Sea grains and oilseeds prices.
This consultation, which is open until July 27, 2026, seeks to ensure that our methodologies continue to reflect the physical market under indexation, 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. You can […]
Fastmarkets has corrected the rationale for MB-CU-0287 Copper concentrates TC index, cif Asia Pacific, $/tonne, which was published incorrectly on Friday June 26 due to a typo.
Fastmarkets has launched a monthly price assessment for medium carbon ferro-manganese in Europe, effective on Friday June 26, following market requests for price transparency.
Fastmarkets has amended the frequency of its MB-NI-0246 Nickel sulfate, cif Japan and Korea, and MB-NI-0247 Nickel sulfate premium, cif Japan and Korea assessments to fortnightly from weekly, effective Friday June 26.
Fastmarkets has launched two monthly price assessments covering the solar photovoltaic (PV) module market and battery energy storage (BESS) cell market in China on Friday June 26, 2026.