Correction to rationale of Vietnam steel scrap import price assessment

Fastmarkets has corrected the rationale for its weekly price assessment for MB-STE-0783 steel scrap, HMS 1&2 (80:20), cfr Vietnam, which was published incorrectly on Friday June 27 due to reporter error.

The rationale for MB-STE-0783 steel scrap, HMS 1&2 (80:20), cfr Vietnam, had wrongly said that offers of containerized scrap were heard at $285 per tonne. This has been corrected to show that such assessments were heard at $285 per tonne.

The published price is unaffected by this change.

This price is part of the Fastmarkets scrap 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 this price, please contact Malvick Ong by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Malvick Ong re: Vietnam steel scrap.”

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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