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.

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
Fastmarkets has had a strong interest in the proposed new assessments and would like to gather additional information on the specification and grades that should assess.  Based on the feedback, the proposed specifications have been updated as follows:  Quality: Selected Nordic (Swedish, Finnish, Norwegian) export grades of both planed and rough sawn timber spruce (whitewood) […]
While Fastmarkets understands that the PIX sawn timber FAS Finland indices have not been widely adopted by the industry, we have received feedback that there is commercial use for the indices. Therefore, we propose to maintain them for the time being.  The following indices are affected:  The extended consultation period for this proposed discontinuation starts […]
Charcoal-based pig iron can potentially support decarbonization strategies in the EU, despite not being widely used in the region, delegates were told at Fastmarkets' International Iron Ore & Green Steel Summit, held June 17-19 in Barcelona.
To increase the transparency of our methodology, Fastmarkets clarifies that the quotation period of the MHP nickel payable indicator is the month of delivery, or the month M. Any data points Fastmarkets received otherwise will be normalized to the M month based on the monthly spreads of the prevailing exchange-traded Class-1 nickel reference price, or […]
Following an initial consultation with the market and a review of the typical data sets that have been collected over recent months, Fastmarkets is proposing changes to the specifications of the index for MB-IRO-0009 iron ore 65% Fe Brazil-origin fines, cfr Qingdao, by raising the silica base specification to 2.7% from 2.2%, as well as an […]
The corrections are as follows: AG-BRY-0004 Barley Feed barley FOB Argentina $/mt Incorrect prices: August $119.00 per tonne Corrected to: August $219.00 per tonne Fastmarkets’ pricing database has been updated to reflect this change. These prices are part of the Fastmarkets Ags Grains package. For more information or to provide feedback on this correction notice or […]