Metals methodology

Find out how we assess and forecast prices for the global metals market

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Metals pricing notices

This price is part of the Fastmarkets Scrap package. For more information on Fastmarkets 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.

Fastmarkets typically settles these markets on or before the 10th of the month, but will be delaying publication due to delays in settlements. The markets not settled by Monday include: To provide feedback on this notice, please contact Amy Hinton by email at pricing@fastmarkets.com. Please add the subject heading: “FAO: Amy Hinton, re: scrap prices.” Please […]

The consultation, which is open until Friday April 4, seeks to ensure that our audited methodologies and price specifications continue to reflect the physical markets for in compliance with the IOSCO principles for PRAs. This includes all elements of our pricing process, our price specifications and publication frequency. The prices subject to this review are […]

MB-CO-0004 Cobalt alloy grade, in-whs Rotterdam, $/lb MB-CO-0005 Cobalt standard grade, in-whs Rotterdam, $/lb These prices are a part of the Fastmarkets minor metals package. Additionally, the publication of Fastmarkets’ MB-CO-0023 cobalt hydroxide, min 30% Co, inferred, China price for Monday March 10 was delayed because of an administrative error. Fastmarkets’ pricing database has been updated. MB-CO-0023 cobalt […]

The price subject to this annual review is Fastmarkets’ MB-STE-0141 – steel billet import, cfr Manila. This consultation, which is open until April 7, 2025, seeks to ensure that our methodologies continue to reflect the physical market, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements […]

The prices subject to this annual review are as follows:MB-IRO-0016 Iron ore 58% Fe fines high-grade premium, cfr QingdaoMB-IRO-0017 Iron ore 58% Fe fines high-grade premium index, cfr QingdaoMB-IRO-0015 Iron ore 58% Fe fines, cfr QingdaoMB-IRO-0021 Iron ore 62% Fe fines, % Al2O3 VIU, cfr QingdaoMB-IRO-0018 Iron ore 62% Fe fines, % Fe VIU, cfr QingdaoMB-IRO-0020 Iron ore 62% Fe fines, […]

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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