After a month-long consultation period, Fastmarkets is amending the below specifications, following no negative feedback from market participants and internal data analysis. The following changes will take place: The new specifications are as follows, with amendments in italics: MB-CU-0002 Copper grade 1 cathode premium, ddp Midwest US, US cents/lb Quality: Grade A 99.9935% min copper cathode conforming to LME […]

Fastmarkets has corrected the rationale for its MB-CO-0021 cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets’ standard-grade cobalt price (low-end), which was published incorrectly on Wednesday July 2 due to a reporter error.

This reflects changing market dynamics with a preference from market participants for more visibility on a price for Laos-origin material while noting liquidity decline on an FOB Southern Turkey basis. The proposed price specifications will be as follows: Barite, drilling grade, unground lump, API, bulk, SG 4.10 fob Vietnam, $ per tonneQuality: API grade, SG 4.10 […]

After a consultation period which ended on Tuesday January 30, Fastmarkets has amended the chemical specifications and names of its MB-MNO-0001 manganese ore 44% Mn, cif Tianjin and MB-MNO-0005 manganese ore 44% Mn, fot Tianjin indices.

The adjustment, which follows a consultation which ended on Tuesday March 18, will enable Fastmarkets to track a broader range of data by incorporating major ports, including Hay Point Coal Terminal, Abbot Point Coal Terminal, Gladstone Port and Port Kembla, alongside the current Dalrymple Bay Coal Terminal. To ensure consistency of the assessments, normalization of ports […]

The top end of the assessment for MB-BI-0002 Bismuth 99.99% Bi min, in-whs China, yuan/tonne was incorrectly published due to a typographical error. It was initially published as 130,000-1,330,000 yuan per tonne. This has since been corrected to 130,000-133,000 yuan per tonne. Fastmarkets’ pricing database has been updated to reflect this change. This price is part of […]

The following prices were affected: MB-CHO-0003 South Africa UG2/MG concentrates index, cif ChinaMB-FEC-0019 ferro-chrome lumpy Cr benchmark indicator, charge basis 52% (and high carbon), Europe These prices are a part of the Fastmarkets ores and alloys price package. For more information or to provide feedback on the delayed publication of these prices or if you would like to […]

Following a month-long consultation period which took place between May 26-June 23, Fastmarkets will launch the weekly price assessment to better reflect the Indonesian coke market, given that the country has been a key exporter of coke worldwide since 2023. The price specifications are as follows: MB-COA-0009 Coke 65/63% CSR, fob IndonesiaQuality: 65/63% CSR, 12.5% max Ash, 0.65% max […]

The rationale for MB-CO-0004 cobalt alloy grade, in-whs Rotterdam, $/lb had erroneously stated that an indication at $18.50-20.00 per lb was included in the assessment. This has been corrected to explain the indication was made outside of the pricing window, and had therefore been discarded. The published price is unaffected by this change. These prices are a […]

The publication of Fastmarkets’ price assessments of European ferro-titanium and titanium scrap for Wednesday November 1 were delayed due to a reporter error. Fastmarkets’ pricing database has been updated.