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.