Discontinuation of Fastmarkets’ converted price assessments

Fastmarkets has discontinued the following converted price assessments:

  • MB-STE-0468 Steel hot-rolled coil index, fob mill US, $/short ton
  • MB-STE-0469 Steel cold-rolled coil, fob mill US, $/short ton
  • MB-STE-0470 Steel hot-dipped galvanized (base) steel coil, fob mill US, $/short ton
  • MB-AL-0233 Aluminum alloy A380.1, delivered Midwest, $/lb
  • MB-CU-0310 Copper grade 1 cathode premium, ddp Midwest US, $/tonne
  • MB-FEC-0012 Ferro-chrome high carbon 6-8% C, basis 60-65% Cr, max 2% Si, in-whs Pittsburgh, $/lb
  • MB-FEC-0014 Ferro-chrome low carbon 0.10%C, 62% Cr min, in-whs Pittsburgh, $/lb
  • MB-FEC-0013 Ferro-chrome low carbon 0.05%C, 65% Cr min, in-whs Pittsburgh, $/lb
  • MB-FEC-0015 Ferro-chrome low carbon 0.15%C, 60% Cr min, in-whs Pittsburgh, $/lb
  • MB-FEM-0004 Ferro-manganese medium carbon 80% Mn, max 1.50% C, in-whs Pittsburgh, $/lb
  • MB-SIM-0005 Silico-manganese 65% Mn min, min 16% Si, in-whs Pittsburgh, $/lb

After a consultation period, Fastmarkets has discontinued these prices which had previously been converted from other published markets (see table below for alternative market to use going forward). These markets can now be converted using the conversion service on the Fastmarkets Dashboard.

If you have any comments on the discontinuation of these prices, please contact Barbara O’Donovan by email at pricing@fastmarkets.com. Please add the subject heading ‘FAO: Barbara O’Donovan, re: converted price assessments.’

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

What to read next
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.
Fastmarkets proposes to increase the frequency of two copper concentrates index coefficients - MB-CU-0422 copper concentrates counterparty spread and MB-CU-0423 copper concentrates Co-VIU - from a monthly basis to fortnightly.
Fastmarkets is amending its holiday pricing schedule for five Middle East-related steel and metallics prices this December.
Fastmarkets proposes to launch the price assessment for Coated ivory board, 250g/m2, Chinese exports to Southeast Asia FOB, $/tonne.
Fastmarkets launched a CORSIA phase 1, $/tCO2e voluntary carbon assessment on Wednesday December 18.