Correction to European steel plate import prices on February 19

The higher end of the MB-STE-0049 steel plate (8-40mm) import, cfr main port Northern Europe assessment was incorrectly published at €720 per tonne due to a currency conversion error.

The correct assessment range should be €609-650 per tonne. The price point originally reported as $720 per tonne has been converted into euros and incorporated at the lower end of the range, while the previous week’s upper value has been reinstated as the high end.

The MB-STE-0050 steel plate (8-40mm) import, cfr main port Southern Europe, €/tonne assessment published on Thursday February 19 was incorrectly reported at €650-765 per tonne due to a currency conversion error.

The upper value was based on a price point at $765 per tonne, which should have been converted to €647 per tonne. Following correction, the assessment range should read €647-650 per tonne.

Fastmarkets’ pricing database has been updated to reflect this change.

This price is part of the Fastmarkets steel physical price package.

For more information or to provide feedback on this correction notice, or if you would like to provide price information by becoming a data submitter to these prices, please contact pricing@fastmarkets.com and steel@fastmarkets.com. Please add the subject heading “re: Steel EU plate import prices.”

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 the Fastmarkets methodology page.