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The following prices will be priced on December 24 instead of their normal pricing days, which fall on UK public holidays:
• MB-IRO-0186 Iron ore DR-grade pellet premium indicator, $/tonne (instead be Wednesday December 25)• MB-STE-0782 Steel billet export, fob ports Iran, $/tonne (instead of Wednesday December 25)• MB-STE-0781 Steel slab export, fob ports Iran, $/tonne (instead of Wednesday December 25)• MB-STE-0516 Steel billet import, cfr main port Egypt, $/tonne (instead of Thursday December 26)• MB-STE-0112 Steel reinforcing bar (rebar) domestic, exw Egypt, E£/tonne (instead of Thursday December 26)
In a change from the previous calendar, these prices are being moved to the day before the holiday instead of the day after, which is not a working day in many Middle Eastern countries.
These prices will also not be published on January 1, which is also a UK public holiday. They will be published the next working day, on January 2, which is unchanged from the previous notice.
Fastmarkets’ pricing holiday calendar has been updated to reflect these changes. You can find the pricing holiday calendar here:
These prices are part of the Fastmarkets steel price package.
To see all Fastmarkets pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.