PRICING NOTICE: Change of publication dates for Asia ferrous prices due to Singapore polls

Fastmarkets’ daily and weekly prices for steelmaking raw materials and billet in Asia will not published on Friday July 10 due to the Singapore general election, which falls on that day. The weekly prices will be published on July 9 instead.

The following daily prices will not be published:

  • Iron ore 58% Fe fines high-grade premium index, cfr Qingdao, $/tonne
  • Iron ore 58% Fe fines high-grade premium, cfr Qingdao, $/tonne
  • Iron ore 58% Fe fines, cfr Qingdao, $/tonne
  • Iron ore 62% Fe fines, cfr Qingdao, $/tonne
  • Iron ore 62% Fe fines, fot Qingdao, $/tonne conversion
  • Iron ore 62% Fe fines, fot Qingdao, yuan/wet tonne
  • Iron ore 62% Fe low-alumina fines, cfr Qingdao, $/tonne
  • Iron ore 62% Fe Pilbara Blend fines, cfr Qingdao, $/tonne
  • Iron ore 63% Fe Australia-origin lump ore premium, cfr Qingdao, US cents/dmtu
  • Iron ore 65% Fe Brazil-origin fines, cfr Qingdao, $/tonne
  • Iron ore product differential – 62% Fe Pilbara Blend Fines, cfr Qingdao, $/tonne
  • Hard coking coal, cfr Jingtang, $/tonne
  • Hard coking coal, fob DBCT, $/tonne
  • PCI low-vol, cfr Jingtang, $/tonne
  • PCI low-vol, fob DBCT, $/tonne
  • Premium hard coking coal, cfr Jingtang, $/tonne
  • Premium hard coking coal, fob DBCT, $/tonne
  • Steel billet import, cfr Southeast Asia, $/tonne
  • Steel scrap HMS 1&2 (80:20 mix) US material import, cfr main port Taiwan, $/tonne

The following weekly prices will be published on July 9:

  • Iron ore 65% Fe blast furnace pellet, cfr Qingdao, $/tonne
  • Iron ore 66% Fe concentrate, cfr Qingdao, $/tonne
  • Iron ore implied pellet premium over 65% Fe Brazil-origin fines, cfr Qingdao, $/tonne
  • Steel scrap H2 Japan-origin import, cfr Vietnam, $/tonne
  • Steel scrap HMS 1&2 (80:20) deep-sea origin import, cfr South Korea, $/tonne
  • Steel scrap HMS 1&2 (80:20), cfr Vietnam, $/tonne

To provide feedback on this notice, please contact Peter Hannah or Paul Lim by email at: pricing@fastmarkets.com; Please add the subject heading “FAO: Peter Hannah/Paul Lim, Change of publication dates for Asia ferrous prices.”

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

What to read next
The publication of Fastmarkets’ India domestic recycled containerboard price assessments for Friday April 3 will be delayed due to staffing availabilities.
The publication of Fastmarkets’ European low-carbon aluminium differential assessments for Thursday April 2 were delayed because of a procedural error. Fastmarkets’ pricing database has been updated.
Fastmarkets has corrected its MB-AL-0379 Aluminium 6063 extrusion billet premium, ddp Italy (Brescia region), inferred low-carbon, and Aluminium 6063 extrusion billet premium, ddp North Germany (Ruhr region), inferred low-carbon midpoint assessments, which were published incorrectly on Friday April 2, due to a procedural error.
Fastmarkets plans to change the timestamp of several of its agriculture prices linked to the Chicago Mercantile Exchange and MIAX Futures Exchange to align the time of publication with the exchanges’ settlement time. The change in timestamp will affect both premiums and outright prices that use those futures as an underlying benchmark, with the change to take effect on May 11.
Fastmarkets has corrected its price and rationale for MB-STE-0028 steel hot-rolled coil index domestic, exw Northern Europe and the assessments for MB-STE-0905 green steel base price HRC exw Northern Europe, daily inferred and MB-STE-0912 flat steel reduced carbon emissions, daily inferred, exw Northern Europe, which were published incorrectly on Wednesday April 1.
The annual consultation sought to ensure that our audited methodologies and price specifications continue to reflect the physical markets for steelmaking raw materials, 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 current methodology […]