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Fastmarkets’ decision follows a one-month consultation after preliminary discussions with market participants suggested the market liquidity for China billet imports has been too low to collect price data regularly.
Fastmarkets will continue to publish its daily price assessment for MB-STE-0157 steel billet domestic, exw Tangshan, Northern China.
If you have any comments on the discontinuation of the import steel billet price, please contact Jessica Zong by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Jessica Zong, re: China steel billet import price.”
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.