Fastmarkets’ European stainless steel index was incorrectly published as $1,547.12 per tonne after an exchange rate calculation error. The correct price for that date is $1,299.53 per tonne.
The Fastmarkets price book and database have been updated to reflect this change.
If you have any questions on this correction, or to provide feedback on this index, please contact Jethro Wookey by email to: firstname.lastname@example.org. Please add the subject heading 'FAO: Jethro Wookey, re: EU stainless index'.
To see all the Fastmarkets pricing methodology and specification documents go to https://www.fastmarkets.com/about-us/methodology
Fastmarkets has corrected its EU domestic Stainless Steel 304 Europe Raw Materials Index, which was published incorrectly on Monday October 22 due to a data entry error.