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Following a consultation period and market feedback, Fastmarkets will proceed with a comprehensive update of its stainless steel scrap prices to bring them in line with its global price reporting agency standards.
After a consultation period, Fastmarkets is decreasing the frequency of its cfr China steel billet price assessment to once per week, from twice per week, from Tuesday October 18
Fastmarkets is proposing to change its aluminium premiums methodology to reflect its decision to follow international sanction guidelines on the inclusion of brands.
Fastmarkets has corrected its zinc SHG ingot premium fca Malaysia, which was published incorrectly on Tuesday October 18, due to an error.
Fastmarkets is increasing the frequency of its nickel sulfate price assessments, cif China, Japan and Korea, to weekly from monthly, with the first weekly price assessments to be published on Friday October 21.
Fastmarkets has adjusted its weekly all-in assessment price for steel hot-dipped galvanized coil following an amendment to the included zinc coating extras effective Thursday October 6.
Fastmarkets Benchmark Administration Oy (FBA) was incorporated in December 2020 to operate as the independent administrator of benchmarks published by price reporting agency (PRA) Fastmarkets and subject to the European Benchmarks Regulation (BMR). It is headquartered in Helsinki, Finland, and supervised by the Finnish Financial Supervisory Authority (FIN-FSA).
If you have questions about our pricing process, contact our pricing team.
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