Correction to stainless steel scrap 409 bundles, solids, consumer buying price, delivered mill Pittsburgh

Please note Fastmarkets has corrected its MB-STS-0258 - Stainless steel scrap 409 bundles, solids, consumer buying price, delivered mill Pittsburgh, US cents/lb, which was published incorrectly on Monday September 11.

The price was incorrectly assessed at 0.0893 cents per lb at the low end of the range. This has been corrected on Friday September 15 to 8.93 cents per lb.

MB-STS-0258 – Stainless steel scrap 409 bundles, solids, consumer buying price, delivered mill Pittsburgh, US cents/lb is now correctly assessed at 8.93-10.27 cents per lb, as opposed to 0.0893-10.27 cents per lb. Fastmarkets’ pricing database have been updated to reflect this change.

This price is a 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 Amy Hinton by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Amy Hinton, re: Pittsburgh 409 bundles” 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.

What to read next
Fastmarkets proposes to launch a ferro-chrome 50% Cr import, cif Indonesia price assessment to expand its coverage of the Asian ferro-chrome market.
After an extended consultation period, Fastmarkets will launch two new European aluminium low-carbon value-added product (VAP) differentials to complement its existing low-carbon offering in Europe and begin the phased discontinuation of the existing MB-AL-0382 aluminium low-carbon value-added product differential.
Fastmarkets is inviting feedback from the industry on the pricing methodologies for Log Lines and Woodfiber & Biomass Markets as part of its announced annual methodology review process.
Please note Fastmarkets has corrected its assessment for MB-MG-0005 magnesium, 99.9% min, ex-whs Baltimore, US cents/lb, which was erroneously published a week early on Thursday November 9.
Please note Fastmarkets has corrected its index assessments for steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey, MB-STE-0416, and steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey, MB-STE-0417, which were published incorrectly on Thursday November 9.
Fastmarkets proposes to amend the publication time of its Bangladesh steel scrap import price assessments to 4pm UK time from 5-6pm Singapore time currently.