Price Reporter
3 days ago
**Company Description**
Fastmarkets is an industry-leading price-reporting agency (PRA) and information provider for global commodities, providing price data, news, analytics and events for the agriculture, forest products, metals and mining and new-generation energy markets.
Fastmarkets' data is critical for customers seeking to understand and predict dynamic, sometimes opaque markets, enabling trading and risk management. Fastmarkets is a global business with a history dating back to 1865 and is built on trust and deep market knowledge. It has more than 600 employees spread across global locations in the UK, US, China, India, Singapore, Brazil, Belgium, Finland and beyond.
**Job Description** The Role**
To foster expertise in the Indian steel and steelmaking raw materials markets and produce quality prices and news in line with the company’s PRA approach. To work within a regional and global team to support the development and adoption of Fastmarkets' benchmark prices.
**Principal accountabilities**
- Foster in-depth knowledge of the fundamentals, supply chain, end-uses and key participants for the Indian steel and steelmaking raw material markets to generate representative prices and world-class content
- Collect pricing data and set prices in line with the company’s robust methodology, price specifications and IOSCO principles
- Back colleagues up on their pricing patches to provide cover and consistency for the market and build up a wider knowledge base
- Peer review prices to verify that processes have been followed and editorial judgement applied correctly to ensure our prices are representative
- Write market commentaries, breaking news and insightful copy with PRA angles, to support the growth in readership and the use of Fastmarkets’ prices in physical and financial contracts.
- Manage and expand the number of industry contacts that submit pricing data and give news exclusives, using all means of communication including face-to-face meetings and networking
- Handle questions from contacts and the market about the dynamics of particular pricing sessions, seeking guidance from senior reporters or section editor when inquiries are sensitive, to make our processes and judgement transparent to the market
- Assist the section editor to review and manage the existing pipeline of prices and identify new price launch opportunities
- Help foster Fastmarkets’ prices and expertise through the team’s market engagement plan, which includes producing PRA content, white papers and infographics, participating to internal and external events, promoting the company on social media, and attending industry meetings
**Key interfaces**
- Work with a team of regional price reporters to communicate, define and execute the daily agenda of content and prices in coordination with the global team.
- Report to section editor and follow guidance from senior reporters within the team. Attend training courses.
- When necessary liaise with other divisions of Fastmarkets (price development team, marketing and events) to help implement the company’s PRA strategy.
- Engage with major industry participants (traders, producers, consumers and brokers) about the markets you cover, in line with the team’s market engagement plan.
**Qualifications**
We recruit talented, dynamic people with diverse backgrounds and experiences, all united by a belief in our mission to provide the world’s leading and most trusted price reporting, events, and intelligence service for the markets we serve. We’re proud to be an equal opportunities employer and are committed to creating a fully inclusive workplace, where everyone feels able to participate and contribute meaningfully.
If you are open-minded, curious, resilient, solutions-oriented and committed to promoting equality, then read on...
**KNOWLEDGE, EXPERIENCE AND SKILLS**
We are looking for an individual who is highly motivated, driven, and have a passion to be part of a fast-paced, successful team. Being a strong team player is also important as well as someone who is happy to work flexibly.
- A high level of written and spoken English. Knowledge of another language is helpful but not required.
- An interest in and understanding of financial markets and commodities.
- Strong networking and communication skills, and good confident telephone manner.
- Ability to work with discipline and dynamism, and take initiatives to cover stories and find information out.
- Team player who fosters excellent working culture and acts - both internally and externally - in a courteous and professional manner with impeccable integrity.
- General curiosity in expanding market knowledge and commitment to join in projects and take part in training courses.
- Ability to work with numbers and spreadsheets and produce analytical editorial copy.
- People skills to answer queries about prices and particular pricing sessions
- Some practical experience in journalism or writing, with a focus on skills such as an ability to
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