PRICING NOTICE: Correction to UK, Rotterdam export steel scrap prices

Fastmarkets has corrected its UK and Rotterdam export steel scrap prices, which were published incorrectly on Friday November 8.

Fastmarkets’ price assessment for steel scrap HMS 1&2 (80:20 mix) export, fob main port UK was published in error on November 8 at $253-255 per tonne, but has been corrected to $232-234 per tonne.

Fastmarkets’ price assessment for steel scrap shredded export, fob main port UK was also published in error on the same date at $258-260 per tonne, and has been changed to $237-239 per tonne.

And Fastmarkets’ price assessment for steel scrap shredded export, fob Rotterdam was originally published at $253-255 per tonne on November 8, and has now been corrected to $231-233 per tonne.

Fastmarkets’ pricing database, MInD, has been updated to reflect these changes.

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 these prices, please contact Cem Turken by email at: pricing@fastmarkets.com. Please add the subject heading ‘FAO: Cem Turken, re: steel scrap.’

To see all Fastmarkets’ pricing methodology and specification documents go to https://www.fastmarkets.com/ about-us/methodology.

What to read next
After a consultation period, Fastmarkets has amended the pricing frequency of its MB-STE-0141 steel billet import, cfr Manila, $/tonne, price assessment from a daily basis to twice per week.
Fastmarkets invites further feedback on proposed amendments to its newly launched MB-NI-0256 Nickel low-carbon briquette premium, cif global, price assessment.
Fastmarkets proposes to amend its MB-STE-0782 steel billet export, fob ports Iran and MB-STS-0019 steel slab export, fob ports Iran assessments.
Fastmarkets proposes to amend its MB-STE-0896 steel slab import, cif Italy, $/tonne price assessment.
The publication of the following prices was delayed on Tuesday April 30 due to technical issues. Fastmarkets’ pricing database has been updated.
The publication of Fastmarkets’ cobalt hydroxide, min 30% co, inferred price was delayed on Tuesday April 30 due to a technical error. Fastmarkets’ pricing database has been updated.