PRICING NOTICE: Delayed publication of UG2 chrome ore index, ferro-chrome benchmark indicator

The publication of Fastmarkets’ chrome ore South Africa UG2 concentrates index basis 42%, cif China, $/tonne and ferro-chrome lumpy Cr benchmark indicator, charge basis 52% (and high carbon), Europe, $/Ib for Tuesday October 27 were delayed because of a reporter error.

The Fastmarkets’ price book and database have both since been updated.

The affected prices are:
MB-CHO-0002 Chrome ore Turkish lumpy 40-42%, cfr main Chinese ports, $/tonne

MB-FEC-0019 Ferro-chrome lumpy Cr benchmark indicator, charge basis 52% (and high carbon), Europe, $/Ib

For more information or to provide feedback on the delayed publication of these prices or if you would like to provide price information by becoming a data submitter to this index, please contact Jon Stibbs by email at: pricing@fastmarkets.com. Please add the subject heading ‘FAO: Jon Stibbs, re: UG2 chrome ore.’

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

What to read next
Fastmarkets’ decision follows a one-month consultation to discontinue its China domestic wire rod price because of small transaction volumes and because it is not a major price benchmark or key reference. The consultation received no feedback. The affected price is:MB-STE-0164 Steel wire rod (mesh quality) domestic, ex-whs Eastern China, yuan/tonneFastmarkets will keep its weekly price […]
This adjustment aims to better align the publication with the operational hours of the Chinese market, ensuring domestic market participants have timely access to the prices. Additionally, because the Chinese lithium assessments reflect activity within the local market, this amendment is intended to provide a more efficient and market-relevant pricing for subscribers. The new specifications […]
Read more about how we expect a modest increase in 2025 levels of global crude steel production over 2024.
Chinese battery maker Contemporary Amperex Technology Co., Limited (CATL) has been added to the US Department of Defense’s Chinese Military Company (CMC) list.
On September 25, the discontinuation was postponed from the originally scheduled final publication to take into account the needs of market participants that still had physical contracts linked to the lithium contract assessments in place. The affected prices are:• MB-LI-0031Lithium hydroxide monohydrate LiOH.H2O 56.5% LiOH min, battery grade, contract price cif China, Japan & Korea• MB-LI-0027Lithium carbonate 99.5% Li2CO3 min, battery […]
The publication of Fastmarkets’ Shanghai copper premiums on Monday December 23 were delayed because of a reporter error. Fastmarkets’ pricing database has been updated.