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The following daily prices will not be published: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’ MB-ILM-0004 Ilmenite concentrate, 47-49% TiO2, cif China, $/tonne, MB-RUT-0001 Rutile 95% TiO2 min, large volumes for pigment, fob Australia, $/tonne and MB-RUT-0002 Rutile 95% TiO2 min, bagged, fob Australia, $/tonne price assessments for Thursday June 19 were delayed because of reporter error. Fastmarkets’ pricing database has been updated. The following prices […]
Due to a system error, the market price for June 2 was used twice in the calculation of the weekly average for AG-FML-0008 Feathermeal, fob US Delmarva Peninsula, $/short ton, resulting in an error. Fastmarkets’ pricing database has been updated to reflect this change. Incorrect weekly average for May 31-June 6: $185-270 per short tonCorrect weekly average […]
Following preliminary discussions with the market and interrogation of data collected by Fastmarkets over recent months, Fastmarkets now proposes to assess and publish the price for ferro-niobium, 63-67%, delivered consumer works, dp Europe, on Wednesdays and Fridays, from the current basis of once weekly on Wednesdays. This more frequent price assessment will enable Fastmarkets to […]
No feedback was received during the consultation period and therefore no changes will be made to the methodologies at this stage. This consultation sought 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 […]
Following the consultation, which closed on Thursday June 12, Fastmarkets will amend the frequency of Taiwan base metals premium and delivery timing for tin 99.99% ingot premium, with the first publication on a monthly frequency taking place on Tuesday July 1. The change in frequency will help to better reflect the dynamics in the Taiwan […]
Following an initial consultation with the market, Fastmarkets is proposing to:  The new specifications would be as follows, with amendments in italics: MB-CU-0002 Copper grade 1 cathode premium, ddp Midwest US, US cents/lb Quality: Grade A 99.9935% min copper cathode conforming to LME specifications BS EN 1978:2022 – Cu-CATH-1 or Grade 1 Electrolytic Copper Cathode ATSM B1115-10 Quantity: Min […]