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Fastmarkets invited feedback from the industry on the pricing methodology for its steel hot-rolled coil index, domestic, exw Northern Europe, €/tonne (MB-STE-0028) and steel hot-rolled coil index, fob mill US Midwest, $/cwt (MB-STE-0184), via an open consultation process between March 25 and April 27, 2026.
The publication of the alumina index adjustment was delayed by 31 minutes and the publication of the inferred alumina prices was delayed by 48 minutes. The following prices were affected: MB-ALU-0003 Alumina index adjustment to fob Australia index, Brazil, $ per dmtMB-ALU-0010 Alumina index inferred, fob Brazil, $ per dmtMB-ALU-0018 Alumina index inferred, fob India, $ per tonneMB-ALU-0019 Alumina […]
This consultation, which was open until April 30, sought to ensure that our methodologies continue to reflect the physical market, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency. The price under review was:MB-IRO-0004 […]
The rationale for MB-CU-0287 copper concentrates TC index, cif Asia Pacific had erroneously stated that “The copper VIU was $0.18/t on May 1, up from $0.94/t on April 17.” This has been corrected to “The copper VIU was $0.18/t on May 1, down from $0.94/t on April 17.” The published price is unaffected by this change. These prices […]
Fastmarkets will discontinue three European seamless and welded tube and pipe prices from May 13, 2026.This is due to very limited activity in these markets, meaning there is insufficient data to continue pricing them.
Fastmarkets invited feedback from the industry on the methodology of its price assessments for ferro-chrome 50% Cr import, cif main Chinese ports, and European high carbon ferro-chrome, as part of its annual methodology review process.
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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