Proposal to amend US plate publication day

Fastmarkets proposes to amend the publication day of the weekly US steel cut-to-length plate price assessment from Fridays to Tuesdays.

The affected price’s methodology is as follows, with the proposed amendment highlighted in bold:

MB-STE-0172 Steel cut-to-length plate carbon grade, fob mill US, $/cwt
Quality: ASTM A36 Commercial Steel and corresponding grades. 0.1875 inch – 2 inch thick x 48-72 inches wide x 96-288 inches long
Quantity: Min 50 tons.
Location: fob US mill, excluding Pacific states (Washington, Oregon, California, Alaska and Hawaii) as defined by the US Census Bureau.
Unit: USD per hundredweight
Publication: Weekly, Tuesday 
Notes: Raw materials surcharges included. Standard packaging

The consultation period for this proposed amendment will end 30 days from the date of this pricing notice on April 14, with an update to this proposal published on that day. Subject to market feedback, the proposed changes would take place beginning with the weekly assessment from April 19.

To provide feedback on this proposal or if you would like to provide price information by becoming a data submitter to this assessment, please contact Abby Verret by email at: pricing@fastmarkets.com. Please add the subject heading: FAO: Abby Verret re: US CTL plate.

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

What to read next
The publication of Fastmarkets’ MB-SB-0003 Antimony MMTA standard grade II, ddp China, yuan/tonne price assessment for Friday February 30 was delayed because of a reporter error.
Fastmarkets has corrected the rationale for its MB-AL-0346 Aluminium P1020A premium, in-whs dup Rotterdam, $/tonne that was published incorrectly on Thursday January 29.
The publication of Fastmarkets’ alumina index, fob Australia assessment and its inferred prices for Thursday January 30 was delayed because of a procedural error. Fastmarkets’ pricing database has been updated.
Fastmarkets is extending the consultation period for the methodology of MB-LI-0033 lithium hydroxide, battery grade, spot price cif China, Japan & Korea price and MB-LI-0029 lithium carbonate, battery grade, spot prices cif China, Japan & Korea price.
Fastmarkets has corrected the rationale for its MB-AL-0299 aluminium 6063 extrusion billet premium, ddp Spain that was published incorrectly on Friday January 23.
Fastmarkets proposes to amend the pricing schedule of its MB-ILM-0004 ilmenite concentrate, 47-49% TiO2, cif China, $/tonne; MB-RUT-0002 rutile 95% TiO2 min, bagged, fob Australia, $/tonne, and MB-RUT-0001 rutile 95% TiO2 min, large volumes for pigment, fob Australia, $/tonne, from fortnightly to monthly.