PRICING NOTICE: Correction to manganese ore indices, rationales

Fastmarkets has corrected its weekly manganese ore 37% index, cif Tianjin, 37% index, fob Port Elizabeth, and 44% index, cif Tianjin which were published incorrectly on Friday June 12 due to reporter error.

The manganese ore 37% index, cif Tianjin has been corrected to $4.85 per dmtu after recalculation from $4.88 published last Friday.

The manganese ore 37% index, fob Port Elizabeth has been corrected to $4.24 per dmtu from $4.27 published on June 12.

The manganese ore 44% index, cif Tianjin has been corrected to $5.22 per dmtu from $5.32 published on June 12.

In addition, Fastmarkets MB has corrected the rationales for both 37% and 44% manganese ore indices, which stated the incorrect date when they were published on June 12.

Rationales for all three indices incorrectly stated that the calculation was made on June 5; they should have stated June 12.

Fastmarkets’ price book and database have been updated to reflect this correction.

For details of the manganese ore indices, please see the Fastmarkets price book.

For more information or to provide feedback on this correction notice or if you would like to provide price information by becoming a data submitter to this index, please contact Jon Stibbs/Amy Lv by email at pricing@fastmarkets.com. Please add the subject heading ‘FAO: Jon Stibbs/Amy Lv re: Manganese ore index.’

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

What to read next
The publication of Fastmarkets’ Shanghai copper premiums on Monday December 23 were delayed because of a reporter error. Fastmarkets’ pricing database has been updated.
After market feedback, Fastmarkets is extending the consultation period for its proposal to discontinue its MB-STE-0423 Steel scrap shredded, index, delivered Midwest mill, $/gross ton; its MB-STE-0424 Steel scrap No1 heavy melt, index, delivered Midwest mill, $/gross ton and its MB-STE-0882 Steel scrap No1 busheling, indicator, delivered Midwest mill, $/gross ton, effective January 2025.
Fastmarkets invites feedback on the pricing methodology for its aluminium 6063 extrusion billet premiums ddp Italy, ddp North Germany and ddp Spain ahead of the definitive period of the EU’s Carbon Border Adjustment Mechanism (CBAM), which starts from January 2026.
The publication of Fastmarkets’ MB-ALU-0001 Alumina metallurgical grade, exw China, yuan/tonne for Thursday December 12 was delayed because of a reporter error. Fastmarkets’ pricing database has been updated.
The publication of Fastmarkets’ MB-CO-0021 Cobalt hydroxide payable indicator, min 30% Co, cif China assessment on Wednesday December 12 was delayed because of an approver error. Fastmarkets’ pricing database has been updated.
Fastmarkets’ iron ore DR-grade pellet premium indicator was published earlier than scheduled due to an error on Wednesday December 11.