Open consultation on methodology for ferro-tungsten basis 75% W, in-whs dup Rotterdam and tungsten APT 88.5% WO3 min cif Rotterdam and Baltimore duty-free price assessments

Fastmarkets is inviting feedback from the industry on the pricing methodology for its price assessments for ferro-tungsten basis 75% W, in-whs dup Rotterdam, and its tungsten APT 88.5% WO3 min cif Rotterdam and Baltimore duty-free, as part of its annual methodology review process.

March 25, 2026

This consultation, which is open until April 27, 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.

The prices under review are:
• MB-FEU-0001 Ferro-tungsten basis 75% W, in-whs dup Rotterdam, $ per kg W
• MB-W-0001 Tungsten APT 88.5% WO3 min cif Rotterdam and Baltimore duty-free, $ per mtu WO3

Please send responses by April 27 to pricing@fastmarkets.com and ores_alloys@fastmarkets.com. Please add the subject heading ‘ferro-tungsten and APT annual review, 2026.’

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 May 4, 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.