Metals methodology

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Metals pricing notices

Fastmarkets has corrected its MB-ALU-0019 alumina index inferred, fob Indonesia, $/tonne, which was published incorrectly on Wednesday June 4.

After a month-long consultation, Fastmarkets has amended the specification of its weekly steel slab, import, cif Italy, price assessment. To better reflect the material traded in the market, Fastmarkets has reduced the range of specified widths to 1,500-2,500 mm from 1,000-2,500 mm. The publication day of the assessment has also been changed from Friday to […]

After a month-long consultation period, Fastmarkets has amended the publication day of its weekly European steel domestic plate and import plate assessments from Wednesday to Thursday, to better align with related markets. The amended specifications are listed below (changes in italics): MB-STE-0034 Steel domestic plate 8-40mm, exw Northern Europe, €/tonneQuality: S235JR, width 2,500mm, length 12,000mm, thickness 8-40mm […]

Fastmarkets has corrected its fob Australia alumina index, which was published incorrectly on Monday June 2 and Tuesday June 3 due to a back-end calculation error. Fastmarkets has also corrected all the related inferred indices. On June 2 the following prices were published incorrectly: Fastmarkets’ MB-ALU-0002 Alumina index, fob Australia, was published in error as $375.59 per […]

This strategic launch comes after an extensive period of targeted market engagement and overwhelming feedback that a separation in US and Mexican pricing was facilitating demand for Mexican domestic assessments for non-ferrous secondary material, taking advantage of Fastmarkets’ decade-long position of primacy in Mexican domestic ferrous scrap pricing. The price specifications for these grades are […]

The data for May 30 was published on Fastmarkets’ dashboard on June 2 as a result. For more information, or to provide feedback on the delayed publication of this assessment, or if you would like to provide information by becoming a data submitter to the Shanghai bonded aluminium stocks database, please contact Zachary Tia by […]

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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