Correction to Northern Europe green rebar differential, inferred price on May 7

Fastmarkets has corrected its MB-STE-0926 green steel, differential to steel reinforcing bar (rebar) domestic, delivered Northern Europe and its MB-STE-0925 green steel base price, reinforcing bar (rebar) domestic, delivered Northern Europe, inferred, which were published incorrectly due to a reporter’s error on Wednesday May 7.

MB-STE-0926 Green steel, differential to steel reinforcing bar (rebar) domestic, delivered Northern Europe, €/tonne was initially incorrectly input within the range of €30-40 per tonne. The correct differential is €20-40 per tonne.

MB-STE-0925 Green steel base price, reinforcing bar (rebar) domestic, delivered Northern Europe, inferred, €/tonne was incorrectly input at €685-720 per tonne. The correct inferred price is €675-720 per tonne.

Fastmarkets’ pricing database has been updated to reflect these changes.

These prices are part of the Fastmarkets steel 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 Vlada Novokreshchenova by email at: pricing@fastmarkets.com. Please add the subject heading: “FAO: Vlada Novokreshchenova Re: Northern Europe green rebar differential, inferred price.”

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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