Fastmarkets proposes to discontinue converted price assessments for the following markets:
The ferro-alloy markets in the United States have mostly surged since the start of Russia’s war in Ukraine
Like many other commodities, ferro-chrome prices in Europe reacted swiftly and sharply to the Russian invasion of Ukraine and have continued to do so for several weeks
Prices for foundry and chemical grade chromite have been slow to respond to the boom so far this year in the metallurgical market
From January 2023, Fastmarkets proposes to no longer roll over its price assessments for minor metals, ores, alloys or industrial minerals when these are scheduled to be made on days that fall on public holidays in the country in which the price is assessed, or in which a price is based.
Alumina, calcined, unground 98.5-99.5% Al2O3, bulk, exw US/Europe, long-term contract, $/tonne
Iron ore 65% Fe Brazil-origin fines, cfr Qingdao, $/tonne
Pig iron export, fob port of Vitoria/Rio, Brazil, $/tonne
Ferro-molybdenum 65% Mo min, in-whs Rotterdam, $/kg Mo
Ferro-silicon 75% Si, in-whs Pittsburgh, US cents/lb
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