Ferro-chrome lumpy Cr benchmark indicator, charge basis 52% (and high carbon), Europe, $/lb

Fastmarkets has suspended the monthly price assessment for CFR Jebel Ali, UAE, steel sections (light and medium), S235-SS400 amid the escalation of the conflict between the US, Israel and Iran and because relevant pricing data is not immediately available.

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 […]

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.