Correction to price assessment of steel hot-rolled coil (commodity) export, fob main port India

Fastmarkets has corrected its price assessment for steel hot-rolled coil (commodity) export, fob main port India, which was published incorrectly on February 10 due to an error.

Fastmarkets’ price assessment for MB-STE-0442 steel hot-rolled coil (commodity) export, fob main port India on February 10 has been corrected following a reporting error to $700-760 per tonne FOB from the erroneously reported figure of $670-760 FOB.

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

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 Suresh Nair/Paul Lim by email at pricing@fastmarkets.com. Please add the subject heading ‘FAO: Suresh Nair/Paul Lim: HRC fob India assessment.’

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

What to read next
After a month-long consultation period, Fastmarkets has discontinued this price due to low market liquidity. All short-term forecasts associated with this price (or these prices) produced by the Fastmarkets research team, if any, have also been discontinued. If you have any comments on the discontinuation of this price, please contact Natasha Porter by email at: pricing@fastmarkets.com. Please […]
This price is part of the Fastmarkets Scrap package. For more information on our North America Ferrous Scrap methodology and specifications please click here. To get in touch about access to this price assessment, please contact customer.success@fastmarkets.com.
Fastmarkets proposes to amend the load port of its hard coking coal and pulverized coal injection (PCI) spot prices, fob DBCT, to fob eastern Australian ports, from the current basis of Dalrymple Bay Coal Terminal, Australia.
The amendment to the name of the price assessment for nickel ore 1.8% basis 15-20% Fe water content: 30-35% Si:Mg ratio<2 lot size 50,000 tonnes, cif China has been delayed following a reporter error. Fastmarkets decided to amend the name of the price assessment, shortening it to nickel ore with 1.8% nickel content, following a […]
Fastmarkets proposes to launch two price assessments for 400 stainless steel: stainless steel 409 cold-rolled sheet, fob mill US, $/cwt and stainless steel 430 cold-rolled sheet, fob mill US, $/cwt.
Currently, its suite of consumer stainless scrap assessments settle on the 10th of each calendar month in line with the publication deadline of the US ferrous scrap settlement. North American ferrous scrap prices settle on or before the 10th of the month, per Fastmarkets’ methodology, which can be found here. US domestic ferrous markets are taking […]