Correction to rationale of steel hot-rolled coil index domestic, exw Northern Europe

Fastmarkets has corrected the rationale for its MB-STE-0028 steel hot-rolled coil index domestic, exw Northern Europe, which was published incorrectly on Wednesday February 25, due to a typographical error.

The rationale for MB-STE-0028 steel hot-rolled coil index domestic, exw Northern Europe had erroneously stated that a buyer source had reported an offer at €710-730 per tonne EXW. This has been corrected to €720-730 per tonne EXW.

The published price is unaffected by this change.

This price is a part of the Fastmarkets steel package.

For more information or to provide feedback on this correction notice or if you would like to provide price information by becoming a data submitter to this price, please contact pricing@fastmarkets.com and steelrawmaterials@fastmarkets.com. Please add the subject heading “re: HRC Index Northern Europe.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to the Fastmarkets methodology page.

What to read next
The publication of Fastmarkets’ European steel beams and sections assessments for Wednesday April 15 was delayed due to a reporter error. Fastmarkets’ pricing database has been updated.
Fastmarkets has launched a suite broker/processor and ex-works prices to service the domestic and export Mexican stainless steel scrap markets respectively.
Fastmarkets has decided to make changes and clarifications to its methodologies for nickel cobalt manganese (NCM) black mass price assessments, including name changes, to bring them into closer alignment with current spot market specifications.
The decision follows a one-month consultation period, which ended on April 6. Please note that Fastmarkets will increase the publication frequency to weekly from what was originally proposed. This frequency change is in line with feedback received during the proposal phase. This frequency change follows changes in Brazil’s import environment, including the introduction of anti-dumping measures […]
An interview in which Andrea Hotter spoke with Jon Stibbs, managing editor for technology and energy metals, to explore a growing concern for global defense supply chains.
Fastmarkets is proposing to launch new price series for its benchmark European PIX Pulp gross prices and North American effective list pulp prices from June 1, 2026. The new prices would run concurrently alongside existing prices for one year before the existing prices with higher discount levels are discontinued on June 1, 2027.