Become a customer

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.

April 25, 2012
By Generic people page
Pricing notice

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
Launch of new European aluminium low-carbon differentials for value added products; phased discontinuation of existing VAP differential
After an extended consultation period, Fastmarkets will launch two new European aluminium low-carbon value-added product (VAP) differentials to complement its existing low-carbon offering in Europe and begin the phased discontinuation of the existing MB-AL-0382 aluminium low-carbon value-added product differential.
November 28, 2023
 · 
By Carrie Bone
Open consultation on methodology for Log Lines (LL) and Woodfiber and Biomass Markets (WBM)
Fastmarkets is inviting feedback from the industry on the pricing methodologies for Log Lines and Woodfiber & Biomass Markets as part of its announced annual methodology review process.
November 16, 2023
 · 
By the Fastmarkets team
Correction to US magnesium assessment on November 9
Please note Fastmarkets has corrected its assessment for MB-MG-0005 magnesium, 99.9% min, ex-whs Baltimore, US cents/lb, which was erroneously published a week early on Thursday November 9.
November 15, 2023
 · 
By Grace Asenov
Correction to Turkey steel scrap import indices
Please note Fastmarkets has corrected its index assessments for steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey, MB-STE-0416, and steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey, MB-STE-0417, which were published incorrectly on Thursday November 9.
November 15, 2023
 · 
By Ross Yeo
Proposal to amend Bangladesh steel scrap import price publication times
Fastmarkets proposes to amend the publication time of its Bangladesh steel scrap import price assessments to 4pm UK time from 5-6pm Singapore time currently.
November 15, 2023
 · 
By Ross Yeo
Final decision on open consultation on non-ferrous methodology
Fastmarkets invited feedback from the industry on its non-ferrous and industrial minerals methodologies, via an open consultation process between October 5 and November 3. This consultation was done as part of our published annual methodology review process.
November 10, 2023
 · 
By Fleur Ritzema