Correction to UK domestic 316 stainless steel scrap assessment on June 14

Fastmarkets has corrected its MB-STS-0259 stainless steel scrap 316 solids domestic, delivered merchants UK, £/tonne price assessment, which was published incorrectly on Friday June 14.

The price was incorrectly published at £1,150-2,000 per tonne on June 14. This has been corrected to £1,950-2,000 per tonne.

Fastmarkets’ pricing database has been updated to reflect 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 Ross Yeo by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Ross Yeo re: stainless 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.

What to read next
Fastmarkets has corrected its AG-CH-0021 Hides, Brazil Frigorificos full-substrate wet-blue, TR2, green, cfr Brazil, 46-48kg, $/sq ft, which was published incorrectly on December 5, 2024.
Following an extended consultation period, Fastmarkets is launching two prices assessments for ferro-nickel with 20-25% nickel contained both on an outright basis and a premium/discount basis. These prices aim to provide greater transparency to the CIF China ferro-nickel market and a broader reference for participants and will complement  Fastmarkets’ exisiting high grade ferro-nickel, 26-32% Ni contained […]
Here are the key takeaways from market participants on US ferrous scrap metal prices, market confidence, inventory and more from our December survey.
Fastmarkets has corrected the publication dates for its FP-GP-0153 newsprint 45g CIF India and FP-GP-0158 newsprint 42g CIF India price assessments, which were published incorrectly on September 6.
Fastmarkets is to amend the timing window for its MB-AL-0381 aluminium low-carbon differential P1020A from Friday December 6.
Fastmarkets proposes to amend the frequency of the publication of several US base metal price assessments to a monthly basis, including MB-PB-0006 lead 99.97% ingot premium, ddp Midwest US; MB-SN-0036 tin 99.85% premium, in-whs Baltimore; MB-SN-0011 tin 99.85% premium, ddp Midwest US; MB-NI-0240 nickel 4x4 cathode premium, delivered Midwest US and MB-NI-0241 nickel briquette premium, delivered Midwest US.