Open consultation on IOSCO-audited secondary aluminium price assessments

Fastmarkets is inviting feedback from the industry on the methodology for its audited secondary aluminium price assessments, as part of its announced annual methodology review process.

The consultation, which is open until Monday April 14, seeks to ensure that our audited methodologies and price specifications continue to reflect the physical markets for secondary aluminium, 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.

All our methodologies can be found via this link: https://www.fastmarkets.com/methodology/metals

The prices subject to this annual review are as follows:

MB-AL-0005 Aluminium pressure diecasting ingot DIN226/A380, delivered Europe, € per tonne

MB-AL-0040 Aluminum alloy A380.1, delivered Midwest, US cents per lb

To provide feedback on the annual review of the above-listed prices, please contact pricing@fastmarkets.com. Please add the subject heading “FAO: Ross Yeo, re: audited secondary aluminium IOSCO methodologies.”

Fastmarkets will publish the outcome of this annual review by April 18, 2025, 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.

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