Fastmarkets has corrected its price assessment for MB-STE-0112 Steel reinforcing bar (rebar) domestic, exw Egypt, E£/tonne and rationale, which was published incorrectly on Thursday November 20. The lower end of the reinforcing bar (rebar) domestic, exw Egypt assessment was published incorrectly; E£33,300 per tonne was mistakenly carried over from the previous week. The correct lower end, as […]

The assessments are for MB-STE-0784 steel reinforcing bar (rebar) domestic, exw Turkey and MB-STE-0785 steel wire rod (mesh quality) domestic, exw Turkey. Previously, both assessments stated that an 18% value-added tax (VAT) was included in the assessed price. Fastmarkets wishes to clarify the specifications to show the correct figure, which is 20%, as dictated by […]

Fastmarkets is extending the consultation period for its proposal to amend the specifications of its weekly price assessment for MB-STE-0037 Steel reinforcing bar (Rebar) domestic, exw Italy, €/tonne amid diverse feedback. Fastmarkets initially proposed a transition from an assessment of an effective price to an assessment of a base price alongside the provision of official extras in […]

Fastmarkets has launched a MB-STE-0935 Steel reinforcing bar (rebar), differential to shredded auto scrap Chicago, fob mill US, $/gross ton to complement its existing suite of steelmaking raw materials to finished product differentials on Wednesday July 23. This strategic launch is designed to offer the market a single reference price denoting the differential between steel […]

The publication of Fastmarkets’ index for steel reinforcing bar (rebar) export, fob China main port for Tuesday November 19 was delayed due to a reporter error. Fastmarkets’ pricing database has been updated.

Fastmarkets’ weekly price assessments for Polish long steel were published on Thursday October 31, one day ahead of schedule due to a public holiday in Poland on November 1.

Fastmarkets has corrected its MB-STE-0037 steel reinforcing bar (Rebar) domestic, exw Italy price, which was published incorrectly on Wednesday September 4.

Fastmarkets has decided to discontinue its weekly price assessment for steel reinforcing bar (rebar) domestic, ex-whs Northern China because the price is not a key price benchmark.

Fastmarkets proposes to amend the publishing frequency of its northern and southern steel beams and hollow sections prices from weekly to monthly, to better reflect current levels of market liquidity.

Fastmarkets has discontinued its Russian domestic steel prices as of Thursday October 5, 2023.