Correction to Turkey steel scrap import indices

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.

November 15, 2023

By Ross Yeo

The index for MB-STE-0416 steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey, was originally published as $372.97 per tonne. It was corrected to $372.35 per tonne.

The index for MB-STE-0417 steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey, was originally published as $378.46 per tonne. It was corrected to $378.93 per tonne.

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

These prices are 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 these indices, please contact Ross Yeo by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Ross Yeo, re: Turkey steel scrap import indices.”

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.