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Fastmarkets wishes to clarify that it will continue to include index-linked trades using the Singapore Exchange (SGX) iron ore derivative forward curves in iron ore indices, effective December 1 2025.
The tonnage specifications will be updated to a minimum of 500 tonnes (previously 500-5,000 tonnes), recognizing that higher tonnages are often transacted in the physical market. Fastmarkets also clarifies that these assessments do not include EU Carbon Border Adjustment Mechanism (CBAM) costs. The new specifications are as follows with amendments in italic: MB-STE-0047 – Steel hot-rolled coil import, […]
Fastmarkets’ pricing database has been updated. The publication of the affected price was delayed for 1 hour and 43 minutes. The following assessment was published late: MB-ZN-0099 Zinc SHG min 99.995% ingot premium, dp fca Antwerp, $/tonne This price is a part of the Fastmarkets base metals package. For more information or to provide feedback on […]
Fastmarkets’ pricing database has been updated. The publication of the affected price was delayed for 1 hour and 43 minutes. The following price was affected: MB-AL-0004 Aluminium P1020A premium, in-whs dp Rotterdam, $/tonne This price is a part of the Fastmarkets’ base metals package. For more information or to provide feedback on the delayed publication of […]
The publication of Fastmarkets’ MB-STE-0464 steel scrap HMS 1&2 (80:20 mix) US material import, cfr main port Taiwan, price assessment for Tuesday November 25 was delayed because of a reporter error. Fastmarkets’ pricing database has been updated. The following price was affected:MB-STE-0464 – Steel scrap HMS 1&2 (80:20 mix) US material import, cfr main port Taiwan […]
Fastmarkets proposes to amend the specifications of its UAE steel scrap price indices to better align with industry trends and capture more precise data. Under the proposed amendments, the MB-STE-0910 steel scrap sheared HMS 1&2 (80:20 mix), index, domestic, delivered UAE and the MB-STE-0927 Steel scrap, shredded, index, domestic, delivered UAE will allow data pertaining to material delivered to […]
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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