PRICING NOTICE: Conclusion of review into changing frequency of European low phosphorous ferro-chrome price

After a review and consultation with the market, which ended on January 25, Metal Bulletin will, from February 5, price the low phosphorous ferro-chrome market on a fortnightly basis, rather than weekly as it did previously.

After a review and consultation with the market, which ended on January 25, Metal Bulletin will, from February 5, price the low phosphorous ferro-chrome market on a fortnightly basis, rather than weekly as it did previously.

The price will be published once every two weeks, on Fridays.

The new specification is:

Description: Low-phosphorous ferro-chrome, Europe
Price: $ per lb (of chrome contained), delivered consumer works, Europe
Cr: 65% min
Si: 1% max
C: 6-8%
P: 0.015% max
Ti: 0.05% max
Form: Lumps in the range of 10-100mm, 90% min
Packaging: Big bags of 1 tonne or producer’s steel drums, each 500kg
Lot size and tolerance: 25T minimum
Payment terms: 30 days, other payment terms normalised
Assessment: On Fridays, fortnightly by Metal Bulletin’s London office, except when that office is closed for public holidays. Such times will be notified well in advance
Publication: Between 2pm and 3pm London time on Fridays

Comments and questions on this should be sent to Janie Davies at jdavies@metalbulletin.com.

Questions relating to Metal Bulletin’s pricing methodology and policy should be sent to market data and compliance manager Paolo Sorze at psorze@metalbulletin.com or Metal Bulletin editor Alex Harrison at aharrison@metalbulletin.com.

Janie Davies
jdavies@metalbulletin.com
Twitter: @janiedavies_mb

What to read next
The publication of Fastmarkets copper concentrates TC index, cif Asia Pacific was delayed on Friday March 26, due to a reporter error.
Fastmarkets FOEX invited feedback from the industry in an open consultation process between April 26 and May 24, 2023, on the pricing methodology for its PIX Packaging Europe price indices. The consultation was done as part of our annual methodology review process.
After a month-long consultation period, Fastmarkets has refined the delivery terms for its international nickel sulfate price assessments, with Japan and Korea now the only accepted locations.
After an extended consultation period, Fastmarkets has amended the specified brands in its cobalt standard grade and cobalt alloy grade price assessments.
A growing focus by consumers on Scope 3 carbon emissions is putting raw materials, such as bauxite and alumina, in the spotlight
Fastmarkets invited feedback from the industry on the pricing methodology for cobalt sulfate, spodumene and graphite price assessments via an open consultation process between April 13 and May 18, 2023. This consultation was done as part of our published annual methodology review process.
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
Proceed