Clarification of methodology for Southern Europe export rebar assessment

Fastmarkets wishes to clarify details around the following aspects of the pricing methodology for its MB-STE-0073 steel reinforcing bar (rebar) export, fob main port Southern Europe assessment.

Fastmarkets’ Southern European export rebar assessment has reflected since launch, and continues to reflect, material exported from Italy, Spain and Portugal. The Southern European export rebar FOB assessment does not reflect Greek-origin exports.

The pricing methodology has been updated as follows to clarify the export locations (changes in italics):

MB-STE-0073 Steel reinforcing bar (rebar) export, fob main port Southern Europe, €/tonne
Quality: BS 4449 EN 10080; B500A, B500B and B500C; diameter: 8-32mm, length 12,000mm
Quantity: 500- 5,000 tonnes
Location: fob Southern Europe (Italy, Spain, Portugal)
Timing: 4-8 weeks
Unit: EUR/tonne
Publication: Weekly. Wednesday, by 2-3pm London time

The specifications are otherwise unchanged.

You can find the updated methodology for Southern Europe export rebar here: https://www.fastmarkets.com/methodology.

To provide feedback on this clarification for the Southern Europe export rebar/assessment methodology please contact India-Ines Levy by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: India-Ines Levy, re: Southern Europe export rebar/assessment

Please indicate if 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.

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