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 FP-PP-0002 polypropylene polymer, fiber grade, free delivered Europe, €/kg assessment, which was published incorrectly on July 1 due to a typo.
Fastmarkets has corrected its assessment for AG-CRN-0077 Corn FOB US PNW $/mt, published incorrectly on June 24 due to a procedural error.
Fastmarkets has launched a new iron ore blast-furnace (BF)-pellet quarterly contract premium and a monthly premium indicator for the European market, effective July 1, 2026.
Fastmarkets proposes to narrow the optimized range for MB-IRO-0020 iron ore fines, % Si VIU, cfr Qingdao, $/dmt, effective from August 3.
Fastmarkets proposes a methodology update to its AG-GRS-0005 Lard, fob Chicago, cts/lb price assessment, effective Tuesday August 4.
Fastmarkets proposes a methodology update to its AG-TLW-0005 Edible tallow, fob Chicago, cts/lb and AG-TLW-0006 Technical tallow, fob Chicago, cts/lb, effective Tuesday August 4.