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The decision follows a a one-month consultation, which started on Friday March 14 and ended on April 11, with the amendment taking effect from Wednesday April 16. No comments were submitted during the consultation period. Following the end of the consultation, the name of the index has been modified to steel scrap, sheared HMS 1&2 (80:20 mix), index, […]
Fastmarkets wishes to clarify details around the following aspects of the pricing calendar for its MB-MNO-0002 manganese ore semi carbonate index, 36.5% Mn, fob Port Elizabeth. Fastmarkets will publish the MB-MNO-0002 manganese ore semi carbonate index, 36.5% Mn, fob Port Elizabeth, on Tuesday April 22 as a replacement for publication on the UK Good Friday public holiday […]
The publication of Fastmarkets’ MB-CHO-0003 chrome ore South Africa UG2/MG concentrates index, cif China on Tuesday April 15 was delayed because of a technical issue. Fastmarkets’ pricing database has been updated. The following price was affected: MB-CHO-0003 Chrome ore South Africa UG2/MG concentrates index, cif China, $/tonne The price is a part of the Fastmarkets ores […]
Fastmarkets invited feedback from the industry on the pricing methodology for iron ore indices, via an open consultation process between March 10 to April 7 2025.This consultation was done as part of our published annual methodology review process. A full list of all the prices covered can be found in the original consultation. Fastmarkets received feedback […]
The consultation closed on April 7, with no new comment or feedback received suggesting that any material change is required to the existing methodology. The consultation sought to ensure that our methodology continued to reflect the physical coking coal and coke markets that the indices covered, in compliance with the principles of the International Organization […]
The trade logs were missing a reference to a deal heard second-hand at $3.90 per dmtu during the session. The trade logs for manganese ore semi carbonate index, 36.5% Mn, fob Port Elizabeth, and manganese ore semi carbonate index, 36.5% Mn, cif Tianjin, have both been updated to read:“Deals were heard second hand at $3.90-4.05 per dmtu.” […]
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).
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