Fastmarkets suspends cfr Jebel Ali, UAE, steel sections (light and medium), S235-SS400

Fastmarkets has suspended the monthly price assessment for CFR Jebel Ali, UAE, steel sections (light and medium), S235-SS400 amid the escalation of the conflict between the US, Israel and Iran and because relevant pricing data is not immediately available.

March 26, 2026

By Fastmarkets pricing team

Middle East Pricing notice Steel

This follows the escalation of the conflict between the US, Israel and Iran, and consequent disruptions to deliveries in the region.

The suspension will take effect from April 1, 2026.

The following price has been suspended:

MB-STE-0920 Steel sections (light and medium), S235-SS400, import, cfr Jebel Ali, UAE, $/tonne

Additionally, Fastmarkets is seeking feedback on alternative price references used for steel prices in the region.

Please send any questions or comments to pricing@fastmarkets.com and steel@fastmarkets.com. 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 the Fastmarkets methodology page.

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