Metals methodology

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Metals pricing notices

Fastmarkets has continued the expansion of its Middle Eastern scrap price suite with the launch of an index for domestic heavy melting steel (HMS) scrap in Saudi Arabia on Tuesday August 5.

The publication of Fastmarkets’ price assessments of the base metals arbitrage for copper, aluminium, zinc and nickel for Friday August 1 were delayed due to reporter error. Fastmarkets’ pricing database has been updated.

To increase the transparency of our methodology, Fastmarkets clarifies that qualities of these two battery-grade lithium hydroxide assessments are both coarse. You can find the updated methodology for lithium hydroxide here: https://www.fastmarkets.com/uploads/2025/05/fm-mb-lithium.pdf To provide feedback on this clarification for the battery-grade lithium hydroxide methodology please contact Zihao Li by email at: pricing@fastmarkets.com. Please add the […]

The publication of Fastmarkets’ MB-ALU-0003 alumina index adjustment to fob Australia index, Brazil for Thursday July 31 was delayed because of a reporter error. Fastmarkets’ pricing database has been updated.

After a consultation period, Fastmarkets has amended the frequency of its price assessment for MB-FN-0001 ferro-niobium, 63-67%, delivered consumer works, dp Europe, $ per kg Nb, to twice weekly from once per week.

After a consultation period, Fastmarkets has launched this grade 316 stainless steel cold-rolled sheet price to expand Fastmarkets’ coverage of the flat stainless steel market in Europe alongside the price assessment for MB-STS-0281 stainless steel cold-rolled sheet, 2mm, grade 304, transaction domestic, delivered North Europe. Fastmarkets did not receive any direct responses to this consultation, but […]

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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