PRICING NOTICE: Correction to weekly ferro-chrome benchmark indicator

Fastmarkets MB has corrected its weekly ferro-chrome benchmark indicator, which was published incorrectly on Tuesday December 7 because of a technical issue

Its weekly ferro-chrome, lumpy Cr, benchmark indicator, charge basis 52% (and high carbon), Europe, $ per lb was originally published as $1.93 per lb. This has now been corrected to $1.91 per lb. This was related to a technical error during the calculation process.

The Fastmarkets price book and database have both since been updated to reflect this change.

The affected price is MB-FEC-0019 ferro-chrome, lumpy Cr, benchmark indicator, charge basis 52% (and high carbon), Europe, $ per lb.

For more information, or to provide feedback on the delayed publication of this indicator, or if you would like to provide price information by becoming a data submitter, please contact Claire Patel-Campbell by email at: pricing@fastmarkets.com. Please add the subject heading ‘FAO: Claire Patel-Campbell, re: ferro-chrome benchmark indicator.’

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

What to read next
Fastmarkets invited feedback from the industry on the pricing methodology for cobalt hydroxide, min 30% Co, inferred, China, $lb, via an open consultation process between May 4 and June 1, 2023. This consultation was done as part of our published annual methodology review process.
Fastmarkets will discontinue its consumer buying price assessments for machine shop turnings in the Cleveland and Pittsburgh markets effective Tuesday June 6.
Fastmarkets has decided to proceed with the launch of a new European low carbon ferro-chrome price covering material with lower chrome content.
(PIX Pulp & Paper Indices) - Following a consultation period, Fastmarkets has made a decision on its proposal to launch PIX containerboard price indices, covering the main grades testliner and fluting, in the Gulf Cooperation Council (GCC) countries on June 6.
Fastmarkets invites feedback on a proposal to increase the publication frequency of non-exchange-deliverable equivalent-grade (EQ) copper cathode premium, cif Shanghai, from once every two weeks to once every week.
The outlook for North American steel scrap prices has headed further into bearish territory ahead of June’s trade, with prices for all grades expected to fall again after a round of across-the-board decreases in May
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
Proceed