Delayed publication of CIS, Europe pig iron price assessments

The publication of Fastmarkets’ weekly CIS and European pig iron price assessments for Thursday October 27 were delayed because of an error

The Fastmarkets pricing database has been updated.

The price of CIS export pig iron, Baltic Sea, was $420-440 per tonne on October 27, narrowed up from the $400-440 per tonne a week earlier.

The price assessment for CIS export pig iron, Black Sea was $370-390 per tonne on October 27, narrowing up from the previous week’s $350-390 per tonne.

The price assessment for EU pig iron imports, cfr Italy, was $420-445 per tonne on October 27, compared with the $415-445 per tonne a week earlier.

And the price assessment for Italian hot-briquetted iron, cfr Italian ports was flat week on week at $350 per tonne on October 27.

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 this prices, please contact Marina Shulga by email at: pricing@fastmarkets.com. Please add the subject heading “FAO Marina Shulga, re: CIS and Europe pig iron prices.”

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

What to read next
Market feedback shows that these two commodities see active spot liquidity and great price volatility. Therefore, a higher assessment frequency enables Fastmarkets to reflect their spot market dynamics in a more timely manner. The new specifications for the prices are as follows, with the amendment in italics: MB-LI-0036 Lithium carbonate 99.5% Li2CO3 min, battery grade, […]
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.
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.
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.
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.
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 […]