Metals methodology

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Metals pricing notices

Fastmarkets published its Latin American export prices for semi-finished and finished steel earlier than scheduled on Friday February 4 due to a reviewer error

Fastmarkets has corrected the pricing rational for MB-IRO-0144 Iron ore 62% Fe low-alumina fines, cfr Qingdao, which was published incorrectly on Thursday February 3 due to an input error

The publication of Fastmarkets’ assessment of the Japan aluminium 6063 extrusion quarterly billet premium, cif MJP for the first quarter of 2021 was delayed due to a reporter error. The aluminium 6063 extrusion quarterly billet premium, cif MJP, is a quarterly premium and is normally published on the third Friday of the first month of […]

The publication of Fastmarkets’ daily seaborne Asian lithium prices for Tuesday January 25 was delayed due to a technical issue. The prices were assessed and published in our internal pricing system, MInD, at the correct time but did not show on the Fastmarkets dashboard or price book. Fastmarkets’ pricing database and price book have since […]

After assessing further market feedback, Fastmarkets is again extending the consultation period for its proposal to launch a weekly Pakistan import HMS-grade steel scrap price assessment

Fastmarkets has corrected the LME Asian reference prices for January 13, which were published incorrectly on January 14 due to a technical error

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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This Disclaimer is in addition to our Terms and Conditions as available on our website and shall not supersede or otherwise affect these Terms and Conditions. Prices and other information contained in this publication have been obtained by us from various sources believed to be reliable. This information has not been independently verified by us. Those prices and price indices that are evaluated or calculated by us represent an approximate evaluation of current levels based upon dealings (if any) that may have been disclosed prior to publication to us. Such prices are collated through regular contact with producers, traders, dealers, brokers and purchasers although not all market segments may be contacted prior to the evaluation, calculation, or publication of any specific price or index. Actual transaction prices will reflect quantities, grades and qualities, credit terms, and many other parameters. The prices are in no sense comparable to the quoted prices of commodities in which a formal futures market exists.

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