Get started

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.

What to read next
Pricing Notice
Final decision on open consultation on methodology review for softwood wood products
Fastmarkets invited feedback from the industry on its pricing methodologies and product specifications for softwood wood products from March 31 through April 27 via an open consultation process. This consultation was done as part of our published annual methodology review process.
May 7, 2026
 · 
By Fastmarkets pricing team
Correction to rationale of copper concentrates TC index, cif Asia Pacific
The rationale for MB-CU-0287 copper concentrates TC index, cif Asia Pacific had erroneously stated that “The copper VIU was $0.18/t on May 1, up from $0.94/t on April 17.” This has been corrected to “The copper VIU was $0.18/t on May 1, down from $0.94/t on April 17.” The published price is unaffected by this change. These prices […]
May 6, 2026
 · 
By Fastmarkets pricing team
Pricing Notice
Fastmarkets to discontinue three European seamless and welded tube and pipe prices
Fastmarkets will discontinue three European seamless and welded tube and pipe prices from May 13, 2026.This is due to very limited activity in these markets, meaning there is insufficient data to continue pricing them.
May 6, 2026
 · 
By Fastmarkets pricing team
End of open consultation on methodology for ferro-chrome 50% Cr import, cif main Chinese ports and European high carbon ferro-chrome price assessments
Fastmarkets invited feedback from the industry on the methodology of its price assessments for ferro-chrome 50% Cr import, cif main Chinese ports, and European high carbon ferro-chrome, as part of its annual methodology review process.
May 5, 2026
 · 
By Fastmarkets pricing team
End of open consultation on methodology for ferro-tungsten basis 75% W, in-whs dup Rotterdam and tungsten APT 88.5% WO3 min cif Rotterdam and Baltimore duty-free price assessments
Fastmarkets invited feedback from the industry on the methodology of its price assessments for ferro-tungsten basis 75% W, in-whs dup Rotterdam, and tungsten APT 88.5% WO3 min cif Rotterdam and Baltimore duty-free, as part of its annual methodology review process.
May 5, 2026
 · 
By Fastmarkets pricing team
End of open consultation on methodology for ferro-molybdenum in-whs Rotterdam; molybdic oxide in-whs Rotterdam, Busan
Fastmarkets invited feedback from the industry on the methodology of its price assessments for ferro-molybdenum 65% Mo min, in-whs Rotterdam, $ per kg Mo; molybdenum drummed molybdic oxide 57% Mo min, in-whs Rotterdam, $ per lb Mo; and molybdenum MB drummed molybdic oxide Mo, in-whs Busan, $ per lb, as part of its annual methodology review process.
May 5, 2026
 · 
By Fastmarkets pricing team