Become a customer

Open consultation on Fastmarkets’ non-ferrous materials, industrial minerals methodology

Fastmarkets is inviting feedback from the industry on its pricing methodology and product specifications for non-ferrous materials and industrial minerals, as part of its announced annual methodology review process.

October 5, 2023
By Juliet Walsh and Fleur Ritzema
Pricing notice

This consultation, which is open until Friday November 3, 2023, seeks to ensure that our methodology continues to reflect the physical market in base metals, minor metals, ores and alloys, and industrial minerals, 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.

View the Fastmarkets non-ferrous methodology here: Metals: Non-ferrous metals – Fastmarkets

View the Fastmarkets chrome ore index methodology here: Metals: Chrome Ore Index – Fastmarkets

View the Fastmarkets industrial minerals methodology here: Metals: Industrial minerals – Fastmarkets

To provide feedback on the annual review of our methodology, or if you would like to provide price information by becoming a data submitter to the prices or indices, please contact Fastmarkets by email at pricing@fastmarkets.com.

For feedback or comment please add the subject heading ‘FAO: Fleur Ritzema, Juliet Walsh re: Non-ferrous and industrial minerals methodology.’

Please specify whether your response is confidential. Opinions offered in confidential responses may be referenced but will not be attributed in any way.

Fastmarkets will publish the outcome of this methodology review by Wednesday November 8, 2023, including a summary of the feedback, with the exception of those responses marked as confidential. Any proposals to make material changes, discontinue or launch prices will involve a separate market consultation, the length of which will depend on how substantial the change is for the industry.

To see all Fastmarkets’ pricing methodology and specification documents, go to: https://www.fastmarkets.com/methodology/metals

What to read next
Proposal to reduce frequency, increase timing window of US low-carbon aluminium differentials
Fastmarkets proposes to lower the frequency of its assessments for MB-AL-0389 aluminium low-carbon differential P1020A, US Midwest and MB-AL-0390 aluminium low-carbon differential value-added product US Midwest. Fastmarkets also proposes to extend the timing window of these same assessments to include any transaction data concluded within up to 18 months.
November 21, 2024
 · 
By Yasemin Esmen
Clarification of methodology for aluminium P1020A (MJP) spot premium
Fastmarkets wishes to clarify details around the following aspects of the pricing methodology for MB-AL-0343 aluminium P1020A (MJP) spot premium, cif Japan, $ per tonne.
November 21, 2024
 · 
By Jingtai Lun
Correction to aluminium scrap, old sheet (Taint/Tabor), cut sheared, 5-8% attachments, cif India
Fastmarkets has corrected its MB-AL-0399 aluminium scrap, old sheet (Taint/Tabor), cut sheared, 5-8% attachments, cif India price assessment, which was published incorrectly on Wednesday November 20.
November 20, 2024
 · 
By Aameer Sayed
Delayed publication of steel reinforcing bar (rebar) index export, fob China main port
The publication of Fastmarkets’ index for steel reinforcing bar (rebar) export, fob China main port for Tuesday November 19 was delayed due to a reporter error. Fastmarkets’ pricing database has been updated.
November 19, 2024
 · 
By Jessica Zong
Open consultation on methodology for Latin America Recovered Paper: pricing notice
Fastmarkets is inviting feedback from the industry on the pricing methodology for Latin America Recovered Paper, as part of its announced annual methodology review process. This consultation, which is open until December 31, 2024, seeks to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of […]
November 19, 2024
 · 
By the Fastmarkets team
Open consultation on methodology for Latin America Graphic Papers Paper: pricing notice
This consultation, which is open until December 31, 2024, seeks to ensure that our methodologies continue to reflect the physical market under indexation, 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. You can […]
November 19, 2024
 · 
By the Fastmarkets team