Metals methodology

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Metals pricing notices

As part of our ongoing rationalization of Asian market coverage, Fastmarkets RISI is proposing to make the following changes to its methodology for China pulp and paper assessments. Currently, assessments of China domestic pulp, China recovered paper and East China paper and board are based on prices provided by UM Paper. Going forward, this collaboration […]

Fastmarkets has amended the specification of its northern China domestic hot-rolled coil price assessment to ex-works from ex-warehouse after a one-month consultation period from the date of this notice.

Fastmarkets will maintain the frequency of publication of its European germanium metal and tellurium assessments and Chinese germanium dioxide assessment following a consultation.

Fastmarkets will from today, Thursday December 5, publish its price for steel hot-rolled coil domestic Northern Europe as a daily index.

Fastmarkets has increased the frequency of the normalization price data for its seaborne manganese ore indices to monthly from quarterly as well as changed the payment terms following a consultation.

From Monday February 3, 2020, Fastmarkets will publish its price assessments for standard and alloy-grade cobalt, in-whs Rotterdam, on a daily basis.

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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