PRICING NOTICE: Base currency change to selected steel assessments

Following a review of regional transaction data, Metal Bulletin is proposing the following changes to the base currencies for the following steel prices.

Following a review of regional transaction data, Metal Bulletin is proposing the following changes to the base currencies for the following steel prices.

The base currency will change from $ per tonne to € per tonne for the following weekly assessments, to reflect the main currency of trade and the collected transaction data:

EU Export Rebar
Wire Rod (mesh quality)
Stainless Steel Grade 304 2mm CR sheet
cif Europe Stainless Steel Scrap 18/8 solids and turnings 18/8

The changes will become effective on April 25 2012 for the EU export assessments and on April 27 2012 for the cif Europe Stainless Steel Scrap assessments.

For queries and comments, please contact Vera Blei, steel editor, at

vblei@metalbulletin.com


What to read next
Fastmarkets proposes to extend the shipment window of its alumina index inferred, fob Brazil, to allow for greater inclusion of reported liquidity, and to increase the frequency of publication to weekly.
Following a month-long consultation period, Fastmarkets has amended the methodology for the bi-weekly assessment of the aluminium P1020A main Japanese ports (MJP) spot premium, to include domestic tenders and deals from the Japanese market.
Fastmarkets proposes to discontinue its ferrous scrap consumer buying price for cast iron borings in Pittsburgh due to a lack of liquidity.
Fastmarkets is proposing a realignment of its consumer buying price for ferrous scrap No1 busheling in Cincinnati and Pittsburgh, effective from the May 2023 monthly settlement.
A drive by electric vehicle (EV) manufacturers to improve the affordability of their cars may upend an expectation by some market observers that future EV dominance of automotive production will sharply reduce demand for special bar quality (SBQ) steel
The publication of Fastmarkets’ US rebar prices took place earlier than scheduled on Wednesday March 22 due to a reviewer error.
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
Proceed