Metals methodology

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Metals pricing notices

The publication of the affected price was delayed for 29 minutes. The following assessment was published late: MB-ZN-0110 Zinc spot concentrate TC, cif China, $/per tonne This price is a part of the Fastmarkets Base Metals Physical Prices package. For more information or to provide feedback on the delayed publication of this price or if you […]

Fastmarkets proposes to launch magnesia, dead burned, 90% MgO, cif Europe, $/tonne and magnesia, dead burned, 97% MgO, cif Europe, $/tonne price assessments. Following preliminary discussions with the market, Fastmarkets received feedback that these grades of magnesium oxide have been increasingly used for producing refractory materials in Europe. The new launch would cover imports of […]

After consultation, Fastmarkets has launched this weekly price assessment. Turkish hot-rolled coil producers already have capacity installed for slab production, but numerous mills can also produce billet and their end product includes long steel as well. As a result, the installed capacity is not always sufficient to produce slab to be used for HRC production […]

This price is a part of the Fastmarkets scrap package. For more information on our North America Ferrous Scrap methodology and specifications please click here. To get in touch about access to this price assessment, please contact customer.success@fastmarkets.com.

Fastmarkets has corrected the rationale for its MB-STE-0028 daily steel HRC index, domestic, exw Northern Europe that was published incorrectly on Thursday August 7. The first paragraph was erroneously written as “Fastmarkets’ calculation of the daily steel HRC index, domestic, exw Northern Europe, was €576.25 ($661.17) per tonne on August 7 up by €4.17 from […]

The following prices were affected: CB-CC-0001 REDD+ Latin America, $/tCO2eCB-CC-0002 REDD+ v19 differential, Latin America, $/tCO2eCB-CC-0003 REDD+ v20 differential, Latin America, $/tCO2eCB-CC-0004 REDD+ v21 differential, Latin America, $/tCO2eCB-CC-0005 REDD+, Sub-Saharan Africa, $/tCO2eCB-CC-0006 REDD+ v19 differential, Sub-Saharan Africa, $/tCO2eCB-CC-0007 REDD+ v20 differential, Sub-Saharan Africa, $/tCO2eCB-CC-0008 REDD+ v21 differential, Sub-Saharan Africa, $/tCO2eCB-CC-0009 REDD+, Southeast Asia, $/tCO2eCB-CC-0010 REDD+ v19 differential, Southeast Asia, $/tCO2eCB-CC-0011 REDD+ v20 differential, Southeast Asia, $/tCO2eCB-CC-0012 REDD+ […]

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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