Amendment to Polish rebar price assessment

Fastmarkets will amend its MB-STE-0092 steel reinforcing bar (rebar) domestic, exw Poland, zloty/tonne price assessment on Friday May 3.

After a one-month consultation, which closed on Friday April 25, along with data examination, Fastmarkets will change the incoterm from ex-works (EXW) to Carriage Paid To (CPT).

The amendment will enable Fastmarkets to better reflect the state of the rebar spot market in Poland because most domestic producers offer CPT prices.

The changes to the specification will be as follows:

MB-STE-0092 Steel reinforcing bar (rebar) domestic, cpt Poland, zloty/tonne
Quality: Diameter 12mm B500B
Quantity: 25-1,000 tonnes
Location: CPT Poland
Timing: Up to 6 weeks
Unit: PLN/tonne
Publication: Weekly. Friday, 2-3 pm London time

This price is a part of the Fastmarkets steel physicals price package.

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

Please indicate if the comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

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

What to read next
This consultation, which is open until June 12, 2024, seeks 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 all elements of our pricing process, our price specifications and publication frequency. Please find […]
Fastmarkets proposes to lower the threshold for the carbon emissions content for its weekly green steel premium and daily inferred green steel price in Europe.
Fastmarkets proposes to amend the carbon emissions content threshold for its weekly reduced carbon steel premium and daily inferred reduced carbon steel price in Europe.
Fastmarkets invited feedback from the industry on the pricing methodology for its International Organization of Securities Commissions (IOSCO)-audited ferrous scrap materials, via an open consultation process between April 4 and May 6, 2024. This consultation was done as part of our published annual methodology review process.
Fastmarkets has corrected its MB-IRO-0190 Iron ore spot 67.5% Fe magnetite-hematite pellet feed price differential, cfr Qingdao, $/tonne, which was published incorrectly on Monday May 13.
Fastmarkets invited feedback from the industry on the pricing methodology for its steel hot-rolled coil index, domestic, exw Northern Europe, € per tonne (MB-STE-0028) and steel hot-rolled coil index, fob mill US Midwest, $ per cwt (MB-STE-0184), via an open consultation process between March 26 and April 29, 2024.