The differential, dated October 31, is based on the simple mathematical average of the Fastmarkets’ high-grade iron ore silica value-in-use (MB-IRO-0192) as the sole input for the October 3-31 period inclusive, and is effective for use on and after November 3. The one-time differential is $(0.21) per tonne. It is intended to represent Fastmarkets’ reasonable assessment of the […]

Fastmarkets proposes to discontinue its weekly price assessment for MB-IRO-0001 Pig iron export, fob main port Baltic Sea, CIS.

Fastmarkets has corrected the rationale for its price indices for MB-IRO-0008 62% Fe fines, cfr Qingdao and for MB-IRO-0191 61% Fe fines, cfr Qingdao, which was published incorrectly on Thursday October 16. The fixed-price equivalence of several floated-price transaction concluded on a public platform were erroneously recorded in the trade log part of rationale in […]

After a consultation period from June 20 to July 18, Fastmarkets made the decision to discontinue these assessments because the outright prices no longer reflect market conditions, with the market shifting toward payables as the dominant pricing method. The affected prices are:MB-NIO-0003 nickel mixed hydroxide precipitate outright price, cif China, Japan and South Korea, $ per tonneMB-NIO-0005 nickel […]

The inclusion of CBAM costs in this price assessment follows preliminary market feedback and will enable the assessment to continue to reflect spot market activity from 2026 onward. The European market continues to rely significantly on imports of ferro-manganese, and market participants have said that they believe CBAM costs should be included within the price […]

Fastmarkets proposes to launch magnesia, dead burned, 90% MgO, cif Europe, $/tonne and magnesia, dead burned, 97% MgO, cif Europe, $/tonne price assessments. Following preliminary discussions with the market, Fastmarkets received feedback that these grades of magnesium oxide have been increasingly used for producing refractory materials in Europe. The new launch would cover imports of […]

Following the month-long consultation period, the name and the specifications of the abovementioned value-in-use adjustments will be amended in line with the launch of the MB-IRO-0191 61% Fe iron ore fines, cfr Qingdao index. MB-IRO-0018 Iron ore 61% fines, % Fe VIU, cfr Qingdao, $/tonneIron Value In Use adjustments (Fe -VIU)Value of Iron Ore at X% Iron […]

Fastmarkets has corrected its alumina index inferred prices, which were published incorrectly on Tuesday July 15.

Fastmarkets’ pricing database has been updated. The publication of the affected price was delayed for 1 hour and 43 minutes. The following price was affected: MB-AL-0004 Aluminium P1020A premium, in-whs dp Rotterdam, $/tonne This price is a part of the Fastmarkets’ base metals package. For more information or to provide feedback on the delayed publication of […]

Fastmarkets wishes to clarify that it will continue to include index-linked trades using the Singapore Exchange (SGX) iron ore derivative forward curves in iron ore indices, effective December 1 2025.