PRICING NOTICE: Amendment to location of Indian domestic flat products assessment

After a period of consultation, Fastmarkets will change the location of four Indian flat steel price assessments from ex-works India to ex-yard Mumbai.

The affected assessments are as follows:
MB-STE-0436-Steel hot-rolled coil domestic, exw India, rupees/tonne
MB-STE-0437-Steel heavy plate domestic, exw India, rupees/tonne
MB-STE-0435-Steel cold-rolled coil domestic, exw India, rupees/tonne
MB-STE-0434-Steel hot-dipped galvanized coil domestic, exw India, rupees/tonne

Fastmarkets believes changing the location to ex-yard Mumbai for the aforementioned flat steel products provides a more standardized price and better reflect the dynamics and sentiment in India’s domestic market.

The consultation period for this was made between July 22 and August 21.

The change will apply from Friday September 11.

(An earlier version of this pricing notice had erroneously stated that the change was made from August 24.)

To provide feedback on India’s domestic flat steel price assessments or if you would like to provide price information by becoming a data submitter, please contact Suresh Nair or Paul Lim by email at Please add the subject heading ‘FAO: Suresh Nair/Paul Lim re: Indian domestic flat steel price assessments.’

To see all of Fastmarkets’ pricing methodology and specification documents, go to
What to read next
The publication of Fastmarkets copper concentrates TC index, cif Asia Pacific was delayed on Friday March 26, due to a reporter error.
After a month-long consultation period, Fastmarkets has refined the delivery terms for its international nickel sulfate price assessments, with Japan and Korea now the only accepted locations.
After an extended consultation period, Fastmarkets has amended the specified brands in its cobalt standard grade and cobalt alloy grade price assessments.
A growing focus by consumers on Scope 3 carbon emissions is putting raw materials, such as bauxite and alumina, in the spotlight
Fastmarkets invited feedback from the industry on the pricing methodology for cobalt sulfate, spodumene and graphite price assessments via an open consultation process between April 13 and May 18, 2023. This consultation was done as part of our published annual methodology review process.
Fastmarkets proposes to amend the specification of its Chinese metallurgical coke export price assessment.
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.