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The price and laycan of a fixed-price Pilbara Blend fines transaction concluded on a public platform were erroneously recorded in the trade log in these indices’ rationale. The trade log entry has been corrected as follows:Rio Tinto, Beijing Iron Trading Center (COREX), 170,000 tonnes of 61% Fe Pilbara Blend fines, traded at $103.70 per tonne, […]
Fastmarkets will launch a price assessment for MB-BAR-0021 Barite, drilling grade, unground lump, bulk, SG 4.30 fob Vietnam on Thursday September 25 and has discontinued its MB-BAR-0004 Barite, API, 1.5t big bags, ground, fob Southern Turkey price assessment. The final assessment of MB-BAR-0004 took place on August 28 and all short-term forecasts associated with the […]
Fastmarkets is extending the consultation period for its proposal to amend the specifications of its weekly price assessment for MB-STE-0037 Steel reinforcing bar (Rebar) domestic, exw Italy, €/tonne amid diverse feedback. Fastmarkets initially proposed a transition from an assessment of an effective price to an assessment of a base price alongside the provision of official extras in […]
The following price was affected:MB-CHO-0003 Chrome ore South Africa UG2/MG concentrates index, cif China, $/tonne This price is a part of the Fastmarkets Ores and Alloys Physicals Package. For more information or to provide feedback on the delayed publication of this price, or if you would like to provide price information by becoming a data submitter […]
Given the prevailing specifications of mid-grade iron ore fines and mid-grade Australia lump in the seaborne spot market, Fastmarkets proposes to launch the index to track and reflect the spot price of 60-63% Fe iron ore lump over the spot price of 61% Fe iron ore fines in the CFR Qingdao spot market, aligning with […]
The publication of several Fastmarkets steel scrap indices for the UK, European and Turkish markets were delayed on Monday September 15 because of a reporter error.
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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