Final decision on open consultation on methodology for US CRC, HDG, plate

Fastmarkets invited feedback from the industry on the pricing methodology its MB-STE-0185 steel cold-rolled coil, fob mill US; MB-STE-0186 steel hot-dipped galvanized coil (cold-rolled base), fob mill US; and MB-STE-0172 steel cut-to-length plate carbon grade, fob mill US assessments as part of its announced annual methodology review process via an open consultation between May 8 and June 8.

This consultation was done as part of our published annual methodology review process.

No feedback was received during the consultation period and therefore no changes will be made to the methodologies at this stage.

This consultation sought to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency.

The methodology for the aforementioned prices can be found here.

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

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