Correction to rationale of the daily steel HRC index, domestic, exw Northern Europe

Fastmarkets has corrected the rationale for its MB-STE-0028 daily steel HRC index, domestic, exw Northern Europe that was published incorrectly on Thursday August 7.

The first paragraph was erroneously written as “Fastmarkets’ calculation of the daily steel HRC index, domestic, exw Northern Europe, was €576.25 ($661.17) per tonne on August 7 up by €4.17 from August 6”.

This was changed to “Fastmarkets’ calculation of the daily steel HRC index, domestic, exw Northern Europe, was €575.00 ($667.72) per tonne on August 7 up by €7.5 from August 6” in line with the actual index.

The published price was unaffected by this change.

This price is a part of the Fastmarkets steel package.

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 this price, please contact Vlada Novokreshchenova by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Vlada Novokreshchenova, re: steel HRC index, domestic, exw Northern Europe.”

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.