PRICING NOTICE: Change to SE Asia import billet assessment specification

Following market consultation, Steel First has decided to make a change to the specification of its weekly Southeast Asia import billet assessment.

June 30, 2015

Paragraph entered by Atlantic migration, in order for SteelFirst articles to display correctly on Metal Bulletin.

From Monday July 6, Steel First will include Chinese billet prices in the assessment, to reflect the increased spot trading for material from China.

Chinese-origin material is dominating billet trade in the region and has become the price setter.

Steel First aims to reflect the most typical material specification in any of the markets we assess.

For queries or contributions to the assessment, please contact Weilyn Loo (weilyn.loo@steelfirstasia.com) and/or Juan Weik (juan.weik@steelfirstasia.com).

What to read next

Open consultation on methodology for Saudi Arabia domestic steel scrap index

This consultation, which is open until April 8, 2026, seeks to ensure that our methodologies continue to reflect the physical market, 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. The price under review […]

March 11, 2026

By Fastmarkets pricing team

Delayed publication of LME aluminium, copper warrant assessments

The publication of Fastmarkets’ assessments for copper grade A cathode warrant premiums and aluminium P1020A warrant premiums was delayed on Wednesday March 11 because of a procedural lapse. Fastmarkets’ pricing database has been updated.

March 11, 2026

By Fastmarkets pricing team

Fastmarkets to change frequency of US delivered tin price

This decision was proposed in a methodology note published on February 9, which you can view here. This decision follows preliminary discussions with the market as well as internal meetings to review relevant Fastmarkets data, which suggested that there was low spot liquidity and price volatility. No negative feedback was received during the consultation period. The […]

March 10, 2026

By Fastmarkets pricing team

Final decision on open consultation on methodology review for IOSCO-audited CFR Manila steel billet price assessment: pricing notice

This consultation was done as part of our published annual methodology review process. No feedback was received about a methodology change 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 CFR Manila steel billet market, in […]

March 9, 2026

By Fastmarkets pricing team

Fastmarkets to discontinue two European SAF cost-based assessments reflecting Dutch HBE-IXB credits

The prices that will be affected are AG-SAF-0006 sustainable aviation fuel (SAF max), base cost, exw Netherlands (incl. HBE-IXB credits), $ per tonne, and AG-SAF-0007 sustainable aviation fuel (HVO max), base cost, exw Netherlands (incl. HBE-IXB credits), $ per tonne. Following the update by the Netherlands to its current biofuel mandate ahead of its full implementation of […]

March 6, 2026

By Fastmarkets pricing team

Fastmarkets suspends publication of Iran steel export assessments

Fastmarkets has suspended its pricing for Iran steel billet and slab exports following the escalation of the conflict between the US, Israel and Iran and because relevant, relative pricing data is not immediately available.

March 6, 2026

By Fastmarkets pricing team