Metals methodology

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Metals pricing notices

Following a three-month consultation, Fastmarkets has amended the base specifications of its 62% Fe iron ore index to more closely reflect the chemical composition of mainstream mid-grade ore produced in Australia’s Pilbara region

After a one-month consultation period, Fastmarkets has amended the frequency of its China import steel scrap indices

After assessing market feedback, Fastmarkets is extending the consultation period for its proposal to launch a price assessment for Turkish imports of steel slab on a cfr main ports basis

Fastmarkets RISI has decided to publish NBSK CIF China price assessments during Lunar New Year (LNY) and the October Golden Week holiday with effect from 2022 following a consultation with industry participants. This will ensure an assessment is published every week of the year. The consultation, which closed on December 17, 2021, can be viewed […]

Fastmarkets RISI invites feedback from the industry on the pricing methodology for Brazilian domestic recovered paper, via an open consultation process between December 21, 2021, and January 21, 2021. This consultation is part of our published annual methodology review process and at this time proposes substantial changes to publication of prices and schedule. The proposal […]

Fastmarkets RISI is inviting feedback from the industry on the pricing methodologies for Latin American prices, including boxboard (Brazil), graphic papers (Brazil and Mexico), recovered paper (Mexico), and containerboard (Brazil and Mexico), as part of its announced annual methodology review process. This consultation, which is open until January 21, 2022, seeks to ensure that our […]

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.

Disclaimer

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.

Evaluations or calculations of prices and price indices by us are based upon certain market assumptions and evaluation methodologies, and may not conform to prices or information available from third parties. There may be errors or defects in such assumptions or methodologies that cause resultant evaluations to be inappropriate for use. Your use or reliance on any prices or other information published by us is at your sole risk. Neither we nor any of our providers of information make any representations or warranties, express or implied as to the accuracy, completeness or reliability of any advice, opinion, statement or other information forming any part of the published information or its fitness or suitability for a particular purpose or use. Neither we, nor any of our officers, employees or representatives shall be liable to any person for any losses or damages incurred, suffered or arising as a result of use or reliance on the prices or other information contained in this publication, howsoever arising, including but not limited to any direct, indirect, consequential, punitive, incidental, special or similar damage, losses or expenses.

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