Fastmarkets suspends launch of price assessment for steel slab, import, cfr main ports Turkey

Fastmarkets has decided not to proceed with the proposed launch of a price assessment for Turkish imports of steel slab on a cfr main ports basis

After assessing market feedback, Fastmarkets has determined that current circumstances do not make the launch of weekly price assessment for steel slab, import, cfr main ports Turkey, $ per tonne viable.

Fastmarkets reserves the right to start a fresh consultation into the launch of such a price in future should circumstances change.

To provide feedback on this decision, please contact Serife Durmus by email at: pricing@fastmarkets.com. Please add the subject heading, “FAO: Serife Durmus, re: steel slab, import, cfr main ports Turkey, $ per tonne”.

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

What to read next
The consultation, which is open until Friday March 6, seeks to ensure that our audited methodologies and price specifications continue to reflect the physical markets for steelmaking raw materials, 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 […]
The price subject to this annual review is Fastmarkets’ MB-STE-0141 steel billet import, cfr Manila, $/tonne.​This consultation, which is open until Friday March 6, seeks to ensure that our methodologies continue to reflect the physical CFR Manila steel billet market, in compliance with the International Organization of Securities Commission (IOSCO) principles for price reporting agencies (PRAs). This […]
The proposal to increase the publication frequency from monthly to weekly comes amid increased volatility of copper on the London Metal Exchange, while copper scrap discounts have been shifting on a more regular basis. This more frequent assessment will enable Fastmarkets to reflect market dynamics in a timelier manner, as well as capture more spot […]
Fastmarkets has corrected its assessments for Shanghai bonded nickel stocks on January 30.
Fastmarkets is inviting feedback from the industry on the pricing methodology for its PIX Pulp China Net indices as part of its announced annual methodology review process.
Fastmarkets is inviting feedback from the industry on the counterparty weighting in the copper concentrates treatment and refining charge (TC/RC) index, as well as observed shifts in spot market activity and the impact of byproduct credits on pricing dynamics.