Fastmarkets has, in line with our annual methodology review process, concluded a consultation that opened on October 1 inviting feedback on its non-ferrous methodology.
The consultation sought to ensure that our methodology
continues to reflect the physical markets in base metals, minor metals, ores and alloys. This includes all elements of our pricing process, our price specifications and the publication frequency.
The consultation closed on October 29 with no comment or feedback received suggesting any additional material change is required to the existing methodology.
Fastmarkets has, however, extended the open consultation period for the
proposal to amend the name and specifications of its UG2 chrome ore price index. This is in response to market feedback following its proposal to make the amendment.
No further price consultations will be opened as a result of this consultation at this stage. Still, Fastmarkets invites feedback on an ongoing basis throughout the year.
To provide comment or feedback on the content of the non-ferrous methodology, or if you would like to provide price information by becoming a data submitter to these prices or indices, please email
pricing@fastmarkets.com.
For feedback or comment related to base metals, please add the subject heading "FAO: Alice Mason/Chris Kavanagh/Susan Zou, re: Non-ferrous methodology."
For feedback or comment related to minor metals, ores and alloys, please add the subject heading "FAO: Janie Davies/Susan Zou/Chris Kavanagh, re: MOA methodology."
To see all Fastmarkets' pricing methodology and specification documents, please go to
www.fastmarkets.com/about-us/methodology.