Metals methodology

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Metals pricing notices

Fastmarkets has launched 12 weekly BeZero rated voluntary carbon price assessments, covering Reducing Emissions from Deforestation and Forest Degradation (REDD+), Afforestation, Reforestation and Revegetation (ARR), and Improved Forest Management (IFM) on Wednesday July 2. The new prices aim to improve transparency in the voluntary carbon market and highlight the impact that ratings have on the […]

The Wheat 10% FOB US Pacific Northwest SW market typically trades on an outright price basis instead of as a premium to Chicago Mercantile Exchange futures. For that reason, Fastmarkets proposes to discontinue the AG-WHE-0025 Wheat 10% FOB US Pacific Northwest SW Premium c$/bu assessment while keeping its AG -WHE-0027 Wheat 10% FOB US Pacific Northwest SW […]

The prices are: The changes were made in order to ensure that the liquidity and price volatility in these markets is adequately captured. The changes were welcomed by market participants seeking more granular coverage and increased transparency. In the UK, the decline of domestic steelmaking means the scrap market is dominated by exports. Exporters told Fastmarkets that […]

Following a month-long consultation period which took place between May 26-June 23, Fastmarkets will launch the weekly price assessment to better reflect the Indonesian coke market, given that the country has been a key exporter of coke worldwide since 2023. The price specifications are as follows: MB-COA-0009 Coke 65/63% CSR, fob IndonesiaQuality: 65/63% CSR, 12.5% max Ash, 0.65% max […]

The rationale for MB-STE-0783 steel scrap, HMS 1&2 (80:20), cfr Vietnam, had wrongly said that offers of containerized scrap were heard at $285 per tonne. This has been corrected to show that such assessments were heard at $285 per tonne. The published price is unaffected by this change. This price is part of the Fastmarkets […]

The first publication of the Monterrey HRC and rebar assessments is scheduled for Thursday June 26. The price assessments will be published weekly, every Thursday, 2-3pm (Eastern Time). The specifications are as follows: MB-STE-0934 Steel hot-rolled coil index, delivered Monterrey, Mexico, peso per tonneQuality: SAE 1006-1008 commercial steel and corresponding grades, 48 inches wide, caliber 8-14Quantity: Min 50 […]

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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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.

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