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This consultation was done as part of our published annual methodology review process.
Full details of the price covered by this consultation can be found here.
No feedback was received during the consultation period and therefore no changes will be made to the methodologies at this stage.
This consultation sought to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency.
You can find the current methodology for the steel billet import, cfr Manila, price assessment here.
To see all Fastmarkets pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.