Fastmarkets is inviting feedback from the industry on the pricing methodologies for Log Lines and Woodfiber & Biomass Markets as part of its announced annual methodology review process.

Please note Fastmarkets has corrected its assessment for MB-MG-0005 magnesium, 99.9% min, ex-whs Baltimore, US cents/lb, which was erroneously published a week early on Thursday November 9.

Please note Fastmarkets has corrected its index assessments for steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey, MB-STE-0416, and steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey, MB-STE-0417, which were published incorrectly on Thursday November 9.

Fastmarkets proposes to amend the publication time of its Bangladesh steel scrap import price assessments to 4pm UK time from 5-6pm Singapore time currently.

Fastmarkets invited feedback from the industry on its non-ferrous and industrial minerals methodologies, via an open consultation process between October 5 and November 3. This consultation was done as part of our published annual methodology review process.

After assessing market feedback, Fastmarkets is extending the consultation period for its proposal to change the publishing date for its US energy and non-energy tubular prices from the second Tuesday of the month and the final Tuesday of the month, respectively, to the second Wednesday of the month.

Fastmarkets has corrected its weekly price for MB-STE-0112 Steel reinforcing bar (rebar) domestic, exw Egypt, E£/tonne, which was published incorrectly on November 2.

Fastmarkets invited feedback from the industry on the pricing methodology for its International Organization of Securities Commissions (IOSCO)-audited non-ferrous materials, via an open consultation process between October 5 and November 3, 2023. This consultation was done as part of our published annual methodology review process.

This consultation, which is open until December 21, 2023, seeks to ensure that our proposal is handled 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. Fastmarkets FOEX welcomes your comments and opinion (support/not […]

Fastmarkets will amend the baseline chrome to iron ratio in its MB-CHO-0003 chrome ore South Africa UG2/MG concentrates index, cif China as of the calculation on Tuesday November 14.