Stainless steel scrap, grade 304 (18/8), delivered merchant Europe, €/tonne

Fastmarkets is extending the consultation period for the methodology of several of its black mass payables indicators and prices, and is also proposing changes to the names of CIF South Korea and EWX Europe black mass prices.

Why independent benchmarks are quickly becoming the backbone of financial control, cost planning, and supply chain resilience in an era of volatile, supplier indexed contracts.

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.