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This strategic launch comes after an extensive period of targeted market engagement and overwhelming feedback that a separation in US and Mexican pricing was facilitating demand for Mexican domestic assessments for non-ferrous secondary material, taking advantage of Fastmarkets’ decade-long position of primacy in Mexican domestic ferrous scrap pricing. The price specifications for these grades are […]
Fastmarkets has decided not to proceed with the proposed amendment to the name and specifications of the MB-IRO-0008 iron ore 62% Fe fines cfr Qingdao index. After a consultation period, Fastmarkets has determined that current circumstances do not make the proposed amendments to the index viable. Fastmarkets reserves the right to start a fresh consultation on […]
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 […]
After a consultation period, which started on April 29, Fastmarkets has determined that current circumstances do not make the amendment to the MB-IRO-0010 62.5% Fe Australia-origin lump ore premium, cfr Qingdao viable. Fastmarkets reserves the right to start a fresh consultation on amending the price in future should circumstances change. To provide feedback on this decision […]
Following a month-long consultation period which took place between May 5-30, Fastmarkets will launch the daily 61% Fe fines index to better track and reflect the spot price of mid-grade sinter fines in the CFR Qingdao spot market, in line with the latest quality of mid-grade fines commonly traded in the market.MB-IRO-0191 Iron ore 61% Fe fines, […]
The following prices were affected: MB-FEN-0001 Nickel pig iron, high-grade NPI content 10-15%, contract, ddp China, yuan/nickel unit priceMB-FEN-0002 Nickel pig iron, high-grade NPI content 10-15%, spot, ddp China, yuan/nickel unit priceMB-NIO-0001 Nickel ore with 1.8% nickel content, cif China, $/tonneMB-NIO-0002 Laterite ore with 1.5% Ni content, cif China, $/tonneMB-NIO-0006 Laterite ore with 1.3% Ni content, cif China, $/tonne MB-FEN-0001 and […]
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