Ferro-alloys markets will continue to be under pressure next year, but there are hopes of a market recovery due to improved steel demand, Fastmarkets ferro-alloys analyst Emre Uzun told delegates at the 40th international ferro-alloys conference held in Istanbul, Turkey on November 10-12.

Fastmarkets invited feedback from the industry on the pricing methodology for its International Organization of Securities Commissions (IOSCO)-audited non-ferrous metals, via an open consultation process between October 8 and November 7, 2024. This consultation was done as part of our published annual methodology review process.

Prices for seaborne high-grade manganese ore have plunged in October 2024, with producers announcing cuts to production and exports amid poor levels of purchasing in China But the most recent price drop was merely the latest dramatic move in a period of increased volatility, following the suspension of operations at South32’s Groote Eylandt Mining Co […]

Fastmarkets is inviting feedback from the industry on the methodology for its audited non-ferrous price assessments and indices, as part of its announced annual methodology review process.

Fastmarkets has corrected its MB-MNO-0005 manganese ore high grade port index, fot Tianjin, China, which was published incorrectly on Friday September 6.

The publication of Fastmarkets’ manganese ore seaborne indices for Friday September 6 was delayed due to a technical error. Fastmarkets’ pricing database has been updated.

Fastmarkets will adjust the normalization calculation of its manganese ore high grade indices while keeping the same chemistry specifications and methodology.

Seaborne prices for high-grade manganese ore delivered to China fell sharply in the week to Friday August 16, in the wake of growing resistance from buyers to high prices, Hebei Steel’s cut in August alloy tender price and reduced downstream demand

Fastmarkets has decided not to proceed with the proposal to amend the chemical specifications of its high grade CIF and FOT Tianjin manganese ore indices.

The publication of Fastmarkets’ manganese ore seaborne indices for Friday July 26 was delayed due to an error. Fastmarkets’ pricing database has been updated.