Metals methodology

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Metals pricing notices

Fastmarkets published its MB-STE-0232 Steel scrap No1 busheling, consumer buying price, delivered mill Chicago, $/gross ton on Friday January 10, 2025.

The publication of Fastmarkets’ arsenic 99% min As, in-whs Rotterdam, rhenium APR catalytic grade, in-whs dup Rotterdam, rhenium metal pellets 99.9% Re min, in-whs dup and hafnium, max 1% Zr, in-whs global locations, $/kg price assessments for Friday January 10, 2025 were delayed because of a reporter error. Fastmarkets’ pricing database has been updated.

Fastmarkets has corrected its assessment of AG-SYB-0066 Soymeal, Hi Pro, fob Central Illinois, $/tonne, which was published incorrectly on December 18, 2024.

This adjustment aims to better align the publication with the operational hours of the Chinese market, ensuring domestic market participants have timely access to the prices. Additionally, because the Chinese lithium assessments reflect activity within the local market, this amendment is intended to provide a more efficient and market-relevant pricing for subscribers. The new specifications […]

Fastmarkets proposes to discontinue its MB-PB-0097 lead 99.97% ingot warrant premium, in-whs US price assessment.

Fastmarkets is inviting feedback on the pricing methodology for aluminium primary foundry alloy silicon 7 ingot premium, ddp Germany and ddp Eastern Europe ahead of the definitive period of the EU’s Carbon Border Adjustment Mechanism (CBAM), which starts in January 2026.

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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