Amendment to frequency of Fastmarkets’ Taiwan import steel scrap price assessment

After a 30-day consultation, Fastmarkets has amended the frequency of its price assessment for Taiwan import steel scrap to twice weekly from daily.

The proposal was published on May 10 and the consultation ended on Monday June 12, with no feedback received.

The amended price specification is as follows:

MB-STE-0464 – Steel scrap HMS 1&2 (80:20 mix) US material import, cfr main port Taiwan, $/tonne
Quality: Heavy melting scrap (HMS) 1&2 (80:20)
Quantity: Minimum 200 tonnes (containerized)
Location: CFR Taiwan main port
Timing: Up to three months
Unit: US$/tonne
Payment terms: LC, bank transfer
Publication: Twice-weekly, Tuesday and Thursday, 5-6pm Singapore time

The first assessment under the new frequency was published on Thursday June 15 and it will be published twice weekly thereafter.

To provide feedback on this price assessment, or if you would like to provide price information by becoming a data submitter to this price, please contact Tianran Zhao by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Tianran Zhao re: Taiwan import scrap price.”

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

What to read next
The publication of Fastmarkets’ molybdenum drummed molybdic oxide – in-whs Busan, MB-FEO-0004, and in-whs Rotterdam, MB-FEO-0003 – and ferro-molybdenum 65% Mo min, in-whs Rotterdam, MB-FEO-0001, price assessments were delayed because of slow data processing on Friday May 23. Fastmarkets’ pricing database has been updated. The publication of these prices was delayed for 12 minutes. The […]
Fastmarkets invited feedback from the industry on the pricing methodology for PIX Packaging Europe price indices via an open consultation process between April 24 and May 22, 2025. This consultation was done as part of our published annual methodology review process.
No feedback was received during the consultation period and therefore no changes will be made to the methodology at this stage. This consultation sought to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes […]
This consultation, which is open until June 25, 2025, seeks to ensure that our methodologies continue to reflect the non-indexed physical market, 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 specifications and publication frequency. You can find […]
This price assessment aims to enhance transparency in the Indonesian coke market. Fastmarkets has observed a significant volume of Indonesian coke entering the global market in recent months, establishing Indonesia as a key exporter of coke worldwide since 2023. In the first seven months of 2024, Poland, China and Indonesia were the top three coke exporters globally.  […]
The following prices were affected: CB-CC-0001 REDD+, Latin America, $ per tCO2e CB-CC-0002 REDD+ v19 differential, Latin America, $ per tCO2e CB-CC-0003 REDD+ v20 differential, Latin America, $ per tCO2e CB-CC-0004 REDD+ v21 differential, Latin America, $ per tCO2e CB-CC-0005 REDD+, Sub-Saharan Africa, $ per tCO2e CB-CC-0006 REDD+ v19 differential, Sub-Saharan Africa, $ per tCO2e […]