Get started

Delayed publication of US, Latin America pig iron, HBI prices

The publication of Fastmarkets' weekly price assessments for pig iron and hot-briquetted iron (HBI) in the US and Latin America were delayed from Friday March 4 until Monday March 7 because of an internal error

March 8, 2022
By Ross Yeo
Pricing notice

The affected prices are:

Hot-briquetted iron export, fob main port Venezuela, $/tonne

Pig iron export, fob Ponta da Madeira, Brazil, $/tonne

Pig iron export, fob port of Vitoria/Rio, Brazil, $/tonne

Pig iron import, cfr Gulf of Mexico, US, $/tonne

Fastmarkets’ price book and database have both since been updated with the correct values.

For more information or to provide feedback on the delayed publication of this price or if you would like to provide price information by becoming a data submitter to these prices, please contact Ross Yeo by email at pricing@fastmarkets.com. Please add the subject heading FAO: Ross Yeo, re: pig iron/hbi prices

To see all Fastmarkets’ pricing methodology and specification documents go to https://www.fastmarkets.com/about-us/methodology.

What to read next
Correction to sustainable aviation fuel exw Netherlands cost of production prices for January 9
An incorrect EUR/USD exchange rate, used to convert the cost of inputs priced in euros to US dollars, caused the prices to be calculated incorrectly. This has now been rectified. The following prices were affected: AG-SAF-0004 Sustainable aviation fuel (SAF max), base cost, exw Netherlands, $/tonnePublished incorrectly as: $2,995 per tonneCorrected to: $1,996 per tonne […]
February 6, 2026
 · 
By Fastmarkets pricing team
Delayed publication of European aluminium billet premiums, inferred prices: pricing notice
The publication of Fastmarkets’ European aluminium billet premiums assessments for Friday February 6 was delayed because of a procedural error. Fastmarkets’ pricing database has been updated.
February 6, 2026
 · 
By Fastmarkets pricing team
Correction to unit of measure for Gadolinium oxide 99.99%-99.999% fob China, $/kg: pricing notice
Fastmarkets has corrected its MB-GD-0001 Gadolinium oxide 99.99%-99.999% fob China, $/kg price, which was published incorrectly.
February 6, 2026
 · 
By Fastmarkets pricing team
Launch of steel hot-rolled coil index, fob mill Canada
Fastmarkets launches MB-STE-0951 Steel hot-rolled coil index, fob mill Canada on Thursday February 5.
February 5, 2026
 · 
By Fastmarkets pricing team
Open consultation on IOSCO-audited steelmaking raw materials price indices
The consultation, which is open until Friday March 6, seeks 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 […]
February 5, 2026
 · 
By Fastmarkets pricing team
Open consultation on IOSCO-audited CFR Manila steel billet price assessment
The price subject to this annual review is Fastmarkets’ MB-STE-0141 steel billet import, cfr Manila, $/tonne.​This consultation, which is open until Friday March 6, seeks to ensure that our methodologies continue to reflect the physical CFR Manila steel billet market, in compliance with the International Organization of Securities Commission (IOSCO) principles for price reporting agencies (PRAs). This […]
February 5, 2026
 · 
By Paul Lim