Become a customer

Delayed publication of CIS export billet index

Fastmarkets published its Commonwealth of Independent States export billet index later than scheduled on Friday July 8, due to a reporter error.

July 8, 2022
By Elina Virchenko
Pricing notice Steel

Fastmarkets calculated the steel billet index, export, fob Black Sea, CIS, at $563 per tonne on July 8.

The index was published in Fastmarkets’ pricing database, MInD, at 16:17 GMT instead of scheduled time 16:00 GMT due to a reporter error.

For more information, to provide feedback on the delayed publication, or if you would like to provide price information by becoming a data submitter to this index, please contact Elina Virchenko by email at: pricing@fastmarkets.com. Please add the subject heading ‘re: Fastmarkets’ CIS export billet index.’

To see all Fastmarkets’ pricing methodology and specification, documents go to: https://www.fastmarkets.com/about-us/methodology.

What to read next
Correction to feathermeal, fob US Delmarva Peninsula weekly average for May 31-June 6
Due to a system error, the market price for June 2 was used twice in the calculation of the weekly average for AG-FML-0008 Feathermeal, fob US Delmarva Peninsula, $/short ton, resulting in an error. Fastmarkets’ pricing database has been updated to reflect this change. Incorrect weekly average for May 31-June 6: $185-270 per short tonCorrect weekly average […]
June 17, 2025
 · 
By Chloe Krimmel
Road, Arch, Architecture
Japan’s Nippon Steel banks on DRI for green steel breakthrough
Japanese steel major Nippon Steel is aiming to hit its 2050 goal of carbon neutrality by focusing on hydrogen-based direct reduced iron (DRI) to make a breakthrough in green steel production, the company said on Friday May 30.
June 17, 2025
 · 
By Paul Lim
Proposal to amend frequency of ferro-niobium price assessment
Following preliminary discussions with the market and interrogation of data collected by Fastmarkets over recent months, Fastmarkets now proposes to assess and publish the price for ferro-niobium, 63-67%, delivered consumer works, dp Europe, on Wednesdays and Fridays, from the current basis of once weekly on Wednesdays. This more frequent price assessment will enable Fastmarkets to […]
June 16, 2025
 · 
By Zdravko Cherkezov
Final decision on open consultation on methodology review for PIX Forest Biomass Finland indices
No feedback was received during the consultation period and therefore no changes will be made to the methodologies at this stage. This consultation sought to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes […]
June 16, 2025
 · 
By Tuomo Neuvonen
Amendment to frequency of Taiwan base metals premium and delivery timing for tin 99.99% ingot premium
Following the consultation, which closed on Thursday June 12, Fastmarkets will amend the frequency of Taiwan base metals premium and delivery timing for tin 99.99% ingot premium, with the first publication on a monthly frequency taking place on Tuesday July 1. The change in frequency will help to better reflect the dynamics in the Taiwan […]
June 16, 2025
 · 
By Chay Chye Leng
Person, Worker, Helmet
CBAM extras key to steel trade stability in 2026, experts say
The European Union’s Carbon Border Adjustment Mechanism will be implemented in seven months’ time but the region’s steel industry was still not fully prepared for the gradual changes the system will involve, Fastmarkets heard on Thursday May 8 at the Made in Steel trade fair in Milan, Italy.
June 16, 2025
 · 
By Julia Bolotova