Launch of UAE import light and medium steel sections S235-SS400 assessment

Fastmarkets launched a price assessment for MB-STE-0920 steel sections (light and medium), S235-SS400, import, cfr Jebel Ali, UAE on Wednesday September 4.

Fastmarkets launched the monthly price assessment following a consultation period that ended on August 28.

The specifications are as follows:
MB-STE-0920 Steel sections (light and medium), S235-SS400, import, cfr Jebel Ali, UAE
Quality: light and medium sections S235-SS400
Quantity: Minimum 1,000 tonnes
Location: CFR Jebel Ali, UAE
Timing: 4-6 weeks
Unit: USD
Payment terms: CFR, LC, 90 days
Publication: Monthly, first Wednesday of the month, 2-3pm London time

To provide feedback on this price or if you would like to provide price information by becoming a data submitter to this price, please contact Şerife Durmuş by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Şerife Durmuş, re: Steel sections (light and medium), S235-SS400, import, cfr Jebel Ali, UAE.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

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

What to read next
An incorrect EUR/USD exchange rate, used to convert the cost of inputs priced in euros to US dollars, caused the prices to be calculated incorrectly. This has now been rectified. The following prices were affected: AG-SAF-0004 Sustainable aviation fuel (SAF max), base cost, exw Netherlands, $/tonnePublished incorrectly as: $2,995 per tonneCorrected to: $1,996 per tonne […]
The publication of Fastmarkets’ European aluminium billet premiums assessments for Friday February 6 was delayed because of a procedural error. Fastmarkets’ pricing database has been updated.
Fastmarkets has corrected its MB-GD-0001 Gadolinium oxide 99.99%-99.999% fob China, $/kg price, which was published incorrectly.
Fastmarkets launches MB-STE-0951 Steel hot-rolled coil index, fob mill Canada on Thursday February 5.
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 […]