Fastmarkets has temporarily suspended pricing for ferrous scrap turnings in the Cleveland market effective Wednesday June 1 due to the absence of local buyers.

Fastmarkets invited feedback from the industry on its pricing methodologies for its Northern Europe and United States hot-rolled coil (HRC) indices as part of its annual methodology review process.

Fastmarkets invited feedback from the industry on its pricing methodology for its Taiwan steel scrap price assessment and its Turkey steel scrap price indices (US- and Europe-origin) as part of its annual methodology review process.

Fastmarkets invited feedback from the industry on its pricing methodology for its US import pig iron price assessment as part of its announced annual methodology review process.

Fastmarkets has corrected its daily steel hot-rolled coil index, fob mill US, which was published incorrectly on Wednesday March 25 due to an editorial error.

Fastmarkets invited feedback from the industry on the pricing methodology for its nickel sulfate ex-works China price via an open consultation process between April 22 and May 20, 2022. This consultation was done as part of our published annual methodology review process

Following a consultation period and market feedback, Fastmarkets will not discontinue its biweekly imported steel plate price assessment.

Fastmarkets has ended a temporary pricing suspension on US pig iron basic grade, Ukraine/Russia, fob New Orleans, effective Monday May 23, following confirmation of recent sales.

Fastmarkets used the London Metal Exchange base metals prices at 9:41am London time for the arbitrage calculations on Monday May 23, because there was no data available at 8:00am due to a system error.

Fastmarkets today, Wednesday May 11, launches weekly price assessments for the Italian and Spanish domestic rebar markets, to replace its previous Southern European domestic rebar assessment.