Correction to Fastmarkets’ ferrous scrap punchings and plate prices in Cleveland, Pittsburgh

Fastmarkets has corrected its steel scrap punchings and plate, broker buying price, fob Cleveland (MB-STE-0653) and its steel scrap punchings and plate, consumer buying price, delivered mill Pittsburgh (MB-STE-0598), both of which were published incorrectly on Monday July 10 due to an input error.

The assessment of the steel scrap punchings and plate, broker buying price, fob Cleveland has been corrected to $650 per gross ton from $620 per gross ton. The assessment of the steel scrap punchings and plate, consumer buying price, delivered mill Pittsburgh has been corrected to $715 per gross ton from $685 per gross ton.

Fastmarkets’ database has been updated to reflect this change.

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 Sean Barry by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Sean Barry Re: punchings and plate.”

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

What to read next
The publication of Fastmarkets’ MB-SB-0003 Antimony MMTA standard grade II, ddp China, yuan/tonne price assessment for Friday February 30 was delayed because of a reporter error.
Fastmarkets has corrected the rationale for its MB-AL-0346 Aluminium P1020A premium, in-whs dup Rotterdam, $/tonne that was published incorrectly on Thursday January 29.
The publication of Fastmarkets’ alumina index, fob Australia assessment and its inferred prices for Thursday January 30 was delayed because of a procedural error. Fastmarkets’ pricing database has been updated.
Fastmarkets is extending the consultation period for the methodology of MB-LI-0033 lithium hydroxide, battery grade, spot price cif China, Japan & Korea price and MB-LI-0029 lithium carbonate, battery grade, spot prices cif China, Japan & Korea price.
Fastmarkets has corrected the rationale for its MB-AL-0299 aluminium 6063 extrusion billet premium, ddp Spain that was published incorrectly on Friday January 23.
Fastmarkets proposes to amend the pricing schedule of its MB-ILM-0004 ilmenite concentrate, 47-49% TiO2, cif China, $/tonne; MB-RUT-0002 rutile 95% TiO2 min, bagged, fob Australia, $/tonne, and MB-RUT-0001 rutile 95% TiO2 min, large volumes for pigment, fob Australia, $/tonne, from fortnightly to monthly.