Unlocking insights with Fastmarkets’ 67.5% Fe pellet feed indices

Under the proposed change, Fastmarkets will update the normalization coefficient for its Iron ore 61% Fe fines, cfr Qingdao and Iron ore 62% Fe fines, cfr Qingdao indices on a daily basis, allowing the coefficient to better reflect daily price movements. The normalization coefficient is currently updated on a monthly basis. Fastmarkets had observed that […]

The new indices have been introduced in response to feedback from index users requesting more pricing references for high-grade iron ore fines and their related VIU adjustments in the seaborne market, in addition to Fastmarkets’ existing coverage on mid-grade VIUs. The VIU penalties are calculated through a regression analysis that harnesses data points from Fastmarkets’ […]

Steel markets in Gulf Cooperation Council (GCC) countries are facing a growing supply crisis for steel and raw materials after the month-long regional conflict paralyzed shipping.

Decarbonization has become the defining theme for heavy industry. With the EU’s Carbon Border Adjustment Mechanism (CBAM) now in force and mounting pressure to curb emissions, hard-to-abate sectors such as steel are being pushed to adapt to a lower-carbon economy.

The annual consultation sought to ensure that our audited methodologies and price specifications continue to reflect the physical markets for steelmaking raw materials, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency. The current methodology […]

Fastmarkets is inviting feedback from the industry on the methodology for its audited steelmaking raw materials indices, as part of its announced annual methodology review process. The consultation, which is open until Friday March 27, seeks to ensure that our audited methodologies and price specifications continue to reflect the physical markets for steelmaking raw materials, […]