Metals methodology

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Metals pricing notices

Fastmarkets has corrected the rationale for its price assessment for MB-FEO-0001 ferro-molybdenum 65% Mo min, in-whs Rotterdam, $ per kg Mo, which was published incorrectly on Friday April 11. The rationale referred to the range widening in both directions, when prices came down during the session. An updated line in the rationale for MB-FEO-0001 Ferro-molybdenum 65% […]

The daily composite prices for these grades were incorrectly calculated without the settled Chicago assessments on April 9. The composite prices for No1 heavy melting scrap and No1 busheling are calculated using the average settled prices for Chicago, Philadelphia and Pittsburgh. The composite price for shredded auto scrap is calculated using the average settled prices […]

With these two additional price assessments, Fastmarkets intends to supplement its current stainless steel offerings to further serve the white goods and automotive industries. Ferritic or 400-series stainless steel products occupy a middle ground between the austenitic stainless grades and coated products such as hot-dipped galvanized and painted steel. With this launch, Fastmarkets intends to […]

These new prices will complement Fastmarkets’ extensive suite of black mass payables indicators and prices across Asia, Europe and North America. The new launches take Fastmarkets’ total offering of black mass payables indicators and prices for black mass and EV battery scrap to 21 assessments. China is the world’s largest lithium-ion battery recycler, with more […]

This price is 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.

The introduction of two new green longs prices will further enhance Fastmarkets’ global green steel coverage, providing a critical reference point for European steel producers and international suppliers aiming to sell green steel in Europe.  The Northen European market, particularly Nordic countries, are key consumers of green steel in Europe, hence the new premium and […]

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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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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