Delayed publication of Indian steel prices

The publication of Fastmarkets’ assessments of Indian steel prices for Friday June 6 were delayed due to non-adherence to methodology. Fastmarkets' pricing database has been updated.

The following prices were affected:
MB-STE-0444 Steel hot-rolled coil import, cfr main port India, $/tonne

MB-STE-0445
 Steel hot-rolled coil (CR grade) import, cfr main port India, $/tonne

MB-STE-0442
 Steel hot-rolled coil (commodity) export, fob main port India, $/tonne

MB-STE-0436
 Steel hot-rolled coil domestic, ex-whse India, rupees/tonne 

MB-STE-0435
 Steel cold-rolled coil domestic, ex-whse India, rupees/tonne

MB-STE-0443
 Steel cold-rolled coil import, cfr main port India, $/tonne

MB-STE-0434
 Steel hot-dipped galvanized coil domestic, ex-whse India, rupees/tonne

MB-STE-0441
 Steel hot-dipped galvanized coil export, fob main port India, $/tonne

MB-STE-0437
 Steel heavy plate domestic, ex-whse India, rupees/tonne

MB-STE-0439
 Steel heavy plate 12-40mm export, fob main port India, $/tonne

MB-STE-0446
 Steel heavy plate 10-40mm import, cfr main port India, $/tonne

MB-IRO-0023
 Direct reduced iron domestic, exw India, rupees/tonne

MB-STE-0440
 Steel billet export, fob main port India, $/tonne 

MB-STE-0433
 Steel billet domestic, exw India, rupees/tonne

MB-STE-0438
 Steel rebar domestic, exw India, rupees/tonne

These prices are part of the Fastmarkets physical steel package.

For more information or to provide feedback on the delayed publication of these prices or if you would like to provide price information by becoming a data submitter to Indian steel, please contact Suresh Nair by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Suresh Nair, Indian steel.”

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.

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