PRICING NOTICE: Conclusion of review into changing frequency of European low phosphorous ferro-chrome price

After a review and consultation with the market, which ended on January 25, Metal Bulletin will, from February 5, price the low phosphorous ferro-chrome market on a fortnightly basis, rather than weekly as it did previously.

After a review and consultation with the market, which ended on January 25, Metal Bulletin will, from February 5, price the low phosphorous ferro-chrome market on a fortnightly basis, rather than weekly as it did previously.

The price will be published once every two weeks, on Fridays.

The new specification is:

Description: Low-phosphorous ferro-chrome, Europe
Price: $ per lb (of chrome contained), delivered consumer works, Europe
Cr: 65% min
Si: 1% max
C: 6-8%
P: 0.015% max
Ti: 0.05% max
Form: Lumps in the range of 10-100mm, 90% min
Packaging: Big bags of 1 tonne or producer’s steel drums, each 500kg
Lot size and tolerance: 25T minimum
Payment terms: 30 days, other payment terms normalised
Assessment: On Fridays, fortnightly by Metal Bulletin’s London office, except when that office is closed for public holidays. Such times will be notified well in advance
Publication: Between 2pm and 3pm London time on Fridays

Comments and questions on this should be sent to Janie Davies at jdavies@metalbulletin.com.

Questions relating to Metal Bulletin’s pricing methodology and policy should be sent to market data and compliance manager Paolo Sorze at psorze@metalbulletin.com or Metal Bulletin editor Alex Harrison at aharrison@metalbulletin.com.

Janie Davies 
jdavies@metalbulletin.com
Twitter: @janiedavies_mb 

What to read next
On September 25, the discontinuation was postponed from the originally scheduled final publication to take into account the needs of market participants that still had physical contracts linked to the lithium contract assessments in place. The affected prices are:• MB-LI-0031Lithium hydroxide monohydrate LiOH.H2O 56.5% LiOH min, battery grade, contract price cif China, Japan & Korea• MB-LI-0027Lithium carbonate 99.5% Li2CO3 min, battery […]
Fastmarkets will not publish any price assessments for US animal fats and oils; animal proteins; biomass-based diesel; hide and leather; grain and feed ingredients; organic/non-GMO; and vegetable oils, on Wednesday December 25.
The publication of Fastmarkets’ Shanghai copper premiums on Monday December 23 were delayed because of a reporter error. Fastmarkets’ pricing database has been updated.
The first amendment decreases the differentials’ publishing frequency to once monthly from once weekly. Both differentials will be next assessed on January 3, 2025, and on the first Friday of each month thereafter. The monthly frequency matches Fastmarkets’ low-carbon aluminium differentials in other regions and better reflects current market liquidity. No feedback was received during […]
Fastmarkets determined today that it will launch two new boxboard packaging prices focused on the marketplace in Mexico.
Fastmarkets invited feedback from the industry on the pricing methodologies for Log Lines and Woodfiber & Biomass Markets as part of its announced annual methodology review process.