Correction to Fastmarkets’ ferrous scrap punchings and plate prices in Cleveland, Pittsburgh

Fastmarkets has corrected its steel scrap punchings and plate, broker buying price, fob Cleveland (MB-STE-0653) and its steel scrap punchings and plate, consumer buying price, delivered mill Pittsburgh (MB-STE-0598), both of which were published incorrectly on Monday July 10 due to an input error.

The assessment of the steel scrap punchings and plate, broker buying price, fob Cleveland has been corrected to $650 per gross ton from $620 per gross ton. The assessment of the steel scrap punchings and plate, consumer buying price, delivered mill Pittsburgh has been corrected to $715 per gross ton from $685 per gross ton.

Fastmarkets’ database has been updated to reflect this change.

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 Sean Barry by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Sean Barry Re: punchings and plate.”

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

What to read next
Fastmarkets has corrected its FP-PLP-0016 Pulp, fluff (US southern kraft, untreated, rolls), delivered US East, $/tonne, and FP-PLP-0009 Pulp, fluff, US southern kraft untreated rolls, cif Europe, $/tonne, which were published incorrectly on Friday June 12.
Fastmarkets is proposing to change the names of six current softwood pallet prices and add 102 new softwood pallet price assessments covering the North American market, effective July 29.
The price assessment of AG-CCN-0003 crude coconut oil, fob Philippines, $/tonne will be published as normal for June 17.
Fastmarkets has corrected its CBAM Certificate Builder, €/tCO2e and CBAM Certificate Index, €/tCO2e for June 15 due to a backend calculation error.
Fastmarkets has corrected the May monthly average for AG-SC-0001 Sausage casings, resale, European hog runners, whiskered, ex-works Europe, €/strand due to a procedural lapse.
The proposal can be found here. Why has Fastmarkets issued a price consultation for the 65% Fe iron ore index? This is to ensure that the 65% Fe iron ore index continues to reflect the reality of the physical spot market, as well as to capture more data points for the index.   Will the […]