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Given the prevailing specifications of mid-grade fines in the seaborne spot market, Fastmarkets proposes to launch the index to track and reflect the spot price of 60-63% Fe iron ore fines in the CFR Qingdao spot market, aligning with the latest quality of mid-grade fines commonly traded in the market. The specifications would be as […]
Following an initial consultation under the ongoing review of Fastmarkets’ iron ore 62% Fe fines index name and specifications, Fastmarkets is proposing changes to the name and specifications of the Fastmarkets value-in-use adjustment values. The new specifications would be as follows, with amendments in italics: MB-IRO-0018 Iron ore 61% fines, % Fe VIU, cfr Qingdao, $/tonneIron Value In Use adjustments […]
Following the conclusion of a consultation period, Fastmarkets has introduced a new monthly price assessment to reflect 99.4% min grade chromium commonly sourced from European producers, which is traded at a premium to the broader 99% grade. This material had previously been included in the MB-CR-0001 chromium alumino-thermic 99% min, in-whs Rotterdam, $/tonne. This launch […]
Chinese exports of long steel and steel billet increased sharply in the first quarter of 2025, preventing their prices from dropping more deeply amid a slow demand recovery in the domestic market, market participants said.
The rationale has been updated to include the following information: Owing to a UK public holiday on May 5, the Spodumene cif China price will next be published on May 6. This is in accordance with Fastmarkets’ pricing schedule. This price is part of the Fastmarkets’ Industrial Minerals package. The published price is unaffected by this […]
The rationales have been updated to include the following information: Owing to a UK public holiday on May 5, the Lithium carbonate cif China, Japan & Korea price and Lithium hydroxide cif China, Japan & Korea price will next be published on May 6. This is in accordance with Fastmarkets’ pricing schedule. These prices are part […]
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