Get started

Consultation on Fastmarkets’ methodology for Taiwan steel scrap assessment and Turkey steel scrap indices

Fastmarkets is inviting feedback from the industry on its pricing methodology for its Taiwan steel scrap price assessment and its Turkey steel scrap price indices (US- and Europe-origin) as part of its annual methodology review process, in compliance with the International Organization of Securities Commissions (IOSCO) principles for price reporting agencies.

April 21, 2022
By Ross Yeo
Ferrous scrap Pricing notice

This consultation, which will be open until May 23, 2022, seeks to ensure that our methodology continues to reflect the physical market under the price assessment for MB-STE-0464 steel scrap HMS 1&2 (80:20 mix), US material import, cfr main port Taiwan; and under the price indices for MB-STE-0416 steel scrap HMS 1&2 (80:20 mix) North Europe origin, cfr Turkey and MB-STE-0417 steel scrap HMS 1&2 (80:20 mix) US origin, cfr Turkey. This includes all elements of our pricing process, our price specifications and publication frequency.

To provide feedback on the annual review of the price assessment for steel scrap HMS 1&2 (80:20 mix), US material import, cfr main port Taiwan or if you would like to provide price information by becoming a data submitter to this price, please contact Paul Lim by email at pricing@fastmarkets.com. Please add the subject heading ‘FAO: Paul Lim re: annual methodology review of Fastmarkets Taiwan Steel Scrap Assessment.’

To provide feedback on the annual review of the price indices for steel scrap HMS 1&2 (80:20 mix) North Europe origin and steel scrap HMS 1&2 (80:20 mix) US origin, cfr Turkey, or if you would like to provide price information by becoming a data submitter to this price, please contact Ross Yeo by email at pricing@fastmarkets.com. Please add the subject heading ‘FAO: Ross Yeo re: annual methodology review of Fastmarkets Turkey Steel Scrap Indices.’

Please specify whether your response is confidential. Opinions offered in confidential responses may be referenced but will not be attributed in any way.

Fastmarkets will publish the outcome of this methodology review by May 27, including all feedback unless noted as confidential. Any proposals to make material changes, discontinue or launch prices will involve a separate market consultation, the length of which will depend on how substantial the change would be for the industry.

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

What to read next
Fastmarkets to publish additional kilogram-based prices for Mexico non-ferrous scrap assessments: pricing notice
The additional kilogram-based prices, to be calculated from existing pound-based assessments, are intended to improve clarity and align the assessments more closely with prevailing commercial practices in Mexico’s non-ferrous scrap markets. Market participants commonly reference kilogram-based prices in submissions, transactions and negotiations, particularly in key regions such as Monterrey and Bajío. Publishing complementary peso per […]
March 25, 2026
 · 
By Fastmarkets pricing team
Delayed publication of European flat steel prices
The publication of Fastmarkets’ European flat steel assessments for Wednesday March 25 was delayed due to a reporter error. Fastmarkets’ pricing database has been updated.
March 25, 2026
 · 
By Fastmarkets pricing team
Open consultation on methodology for ferro-chrome 50% Cr import, cif main Chinese ports and European high carbon ferro-chrome price assessments
This consultation, which is open until April 27, seeks to ensure that our methodologies continue to reflect the physical market, 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 prices under review are: […]
March 25, 2026
 · 
By Fastmarkets pricing team
Open consultation on methodology for ferro-molybdenum in-whs Rotterdam; molybdic oxide in-whs Rotterdam, Busan
This consultation, which is open until April 27, seeks to ensure that our methodologies continue to reflect the physical market, 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 prices under review are:• […]
March 25, 2026
 · 
By Fastmarkets pricing team
Open consultation on methodology for ferro-tungsten basis 75% W, in-whs dup Rotterdam and tungsten APT 88.5% WO3 min cif Rotterdam and Baltimore duty-free price assessments
This consultation, which is open until April 27, seeks to ensure that our methodologies continue to reflect the physical market, 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 prices under review are:• […]
March 25, 2026
 · 
By Fastmarkets pricing team
Open consultation on annual methodology review for Northern Europe, US HRC indices
This consultation, which is open until April 27, seeks 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 prices under […]
March 25, 2026
 · 
By Fastmarkets pricing team