Late publication of daily Turkey steel scrap indices

The publication of Fastmarkets’ daily Turkey steel scrap indices for Monday February 21 was delayed due to a technical fault

The publication of the affected prices was delayed by nearly two hours from the usual time of 16:00 UK time. Fastmarkets’ pricing database, MInD, has since been updated.

The following indices were published late:

Steel scrap HMS 1&2 (80:20 mix) North Europe origin, cfr Turkey, $/tonne

Steel scrap HMS 1&2 (80:20 mix) US origin, cfr Turkey, $/tonne

Steel scrap, HMS 1&2 (80:20 mix), month-to-date deal-weighted average, North Europe origin, cfr Turkey, $/tonne

Fastmarkets’ pricebook and database have both been updated.

For more information or to provide feedback on the delayed publication of this price, or if you would like to provide price information by becoming a data submitter to this price, please contact Cem Türken by email at: pricing@fastmarkets.com. Please add the subject heading FAO: Cem Türken Re: Turkish scrap indices

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

What to read next
Fastmarkets proposes to launch Nordic sawn timber export prices for selected European markets and grades, while discontinuing the PIX Sawn Timber FAS Finland indices. The PIX sawn timber FAS Finland indices have not been widely adopted by the industry and the new price assessments will offer more end-market-specific data for major European markets and will […]
To increase transparency, Fastmarkets has further clarified how it handles price movements during periods of low liquidity. Factors that Fastmarkets may consider during times of low liquidity include, but are not limited to: market fundamentals such as changes in inventory levels, shipments, operating rates and export volumes; relative fundamentals of similar commodities in the same […]
Fastmarkets invited feedback from the industry on the pricing methodology for PIX Packaging GCC indices via an open consultation process between April 16 and May 14, 2025. This consultation was done as part of our published annual methodology review process. Full details of the prices covered by this consultation can be found here. No feedback […]
Fastmarkets is inviting feedback from the industry on the pricing methodology for the PIX Forest Biomass Finland price indices, as part of its announced annual methodology review process. This consultation, which is open until June 12, 2025, seeks to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the […]
The publication of the following price was delayed for 10 minutes: MB-ALU-0002 Alumina index, fob Australia, $/tonne This price is a part of the Fastmarkets Base Metals package. For more information or to provide feedback on the delayed publication of this price or if you would like to provide price information by becoming a data submitter […]
Fastmarkets proposes to amend the frequency of Taiwan base metals prices from biweekly to monthly, and the delivery timing for the tin 99.99% ingot premium from two weeks to four weeks.