Open consultation on methodology for ferro-chrome 50% Cr import, cif main Chinese ports price assessment

Fastmarkets is inviting feedback from the industry on the pricing methodology for ferro-chrome 50% Cr import, cif main Chinese ports, $ per lb contained Cr, as part of its annual methodology review process.

April 7, 2025

This consultation, which is open until May 5, seeks to ensure that our methodologies continue to reflect the physical market, 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 find the current methodology for these price assessments online at this address.

The price under review is MB-FEC-0011 Ferro-chrome 50% Cr import, cif main Chinese ports, $ per lb contained Cr

Please send responses in writing, preferably in electronic format, to the following address: pricing@fastmarkets.com. Please add the subject heading ‘FAO Claire Patel-Campbell, ferro-chrome annual review, 2025’.

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 Friday May 9, 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: https://www.fastmarkets.com/methodology.