Correction to price assessment for steel scrap, cfr Vietnam

Fastmarkets has corrected its price assessment for steel scrap, HMS 1&2 (80:20), cfr Vietnam, which was published incorrectly on Friday February 17 due to a data error.

Fastmarkets initially assessed the price for MB-STE-0783 steel scrap, HMS 1&2 (80:20), cfr Vietnam, at $430 per tonne on Friday. This has been corrected to $430-440 per tonne.

Fastmarkets’ price book and database have 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 this price, please contact Lee Allen by email at: pricing@fastmarkets.com. Please add the subject heading ‘FAO Lee Allen, re: Vietnam scrap price.’

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

What to read next
Fastmarkets launched new assessments of northern bleached softwood kraft (NBSK) and bleached eucalyptus kraft (BEK) pulp spot prices for Europe on Monday January 12, 2026.
The publication of Fastmarkets’ EU alloy steel scrap price assessments for Wednesday December 24 was delayed because of a procedural lapse.
Fastmarkets is proposing changes to its AG-SYB-0032 Soyoil cfr India $/mt and AG-SSD-0001 Sunoil cif India $/mt assessments with effect February 9, 2026. It is also clarifying the timing of the roll date for several assessments.
Fastmarkets includes additional EU Carbon Border Adjustment Mechanism (CBAM) costs in its price assessments for ferro-chrome, delivered Europe, effective January 1, 2026, when the definitive period of CBAM began.
The publication of Fastmarkets’ price assessments of calcined alumina on January 2 was delayed due to a procedural error. Fastmarkets’ pricing database has been updated.
Fastmarkets’ price assessments for green Douglas fir and southern yellow pine (SYP) lumber were published earlier than scheduled on Thursday January 8 due to a reporter error. The assessments were published at 1.30pm Pacific Time instead of the scheduled time of 3:30pm Pacific Time.