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According to Fastmarkets’ methodology, the data collection window for these prices normally closes at 4pm New York time, with the prices published no earlier than 4pm and no later than 5pm.
The specifications for the affected prices are as follows:
MB-STE-0170 Steel reinforcing bar (rebar), fob mill US, $/cwt Quality: Grade 60, No5. ASTM A615 and equivalent. Size #5Quantity: Min 500 tonsLocation: fob Midwest millUnit: USD per hundredweightPublication: Weekly, WednesdayNotes: Raw materials surcharges included
MB-STE-0171 Steel reinforcing bar (rebar), import, loaded truck Port of Houston for immediate delivery, $/short tonQuality: Commercial-quality reinforcing bars within standard tolerances. ASTM A615 and equivalent. Size #5Quantity: Min 25 tonsLocation: ddp loaded truck Port of Houston for immediate deliveryUnit: USD per short tonPublication: Weekly, Wednesday
To provide feedback on the early publication of these prices, or if you would like to provide price information by becoming a data submitter to the US rebar prices, please contact Grace Asenov by email at pricing@fastmarkets.com. Please add the subject line: FAO: Grace Asenov, re: US rebar prices.
To see all of Fastmarkets’ pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.