PRICING NOTICE: Decision to suspend launch of China HBI import price

Fastmarkets has decided not to proceed with the proposed launch of a hot-briquetted iron (HBI) import, cfr China, $ per tonne assessment.

After assessing market feedback, Fastmarkets has determined that current circumstances do not make the launch of an HBI import, cfr China, $ per tonne assessment viable.

Fastmarkets reserves the right to start a fresh consultation into the launch of such a price in future should circumstances change.

To provide feedback on this decision to suspend the launch of the HBI import, cfr China, $ per tonne assessment, please contact Paul Lim/Tianran Zhao by email at: pricing@fastmarkets.com. Please add the subject heading FAO: Paul Lim/Tianran Zhao, re: China HBI prices.

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

What to read next
Market participants are cautiously optimistic about a rebound in iron ore concentrate premiums, with steelmakers around the world set to ramp-up production in line with an anticipated increase in demand for steel products, Fastmarkets understands
General Motors (GM) is investing $650 million to develop the Thacker Pass mine in Nevada, the largest known source of lithium in the US and the third largest in the world
Electrolysis processes developed by Boston Metal and Electra that eliminate the need for coal in steel production could be key to a net-zero emissions future for the metallics industry, attendees learned at Fastmarkets’ conference on January 17-19 in Dallas
Low supply, strong demand to spur scrap prices higher in Feb, market says
US deep-sea ferrous export prices from the East Coast to Turkey have plateaued, with a Turkish mill purchasing a cargo at prices stable from the last-reported sale
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
Proceed