PRICING NOTICE: Changes to product specifications for Latin America export slab

Following a consultation period with market participants which ended on July 2, Metal Bulletin will change the specifications of Latin America’s slab export price for future market price assessments.

The price specification will be changed as follows:

Description: Brazil export slab, $ per tonne fob main port
Dimensions: Width 750-2,100mm, thickness 200-300mm
Quantity: 20,000-70,000 tonnes
Location: fob Brazil
Timing: 8-12 weeks
Unit: US$ per tonne
Payment terms: Payment on delivery
Publication: Weekly, Friday, 2-3pm London time

The Latin America export slab $ per tonne fob main port series will be discontinued and replaced with the new one.

If you have any comments about this change, or would like to contribute to this price assessment, please contact Ana Paula Camargo by email to: pricing@metalbulletin.com. Please add the subject heading FAO: Ana Paula Camargo.
 

What to read next
An incorrect EUR/USD exchange rate, used to convert the cost of inputs priced in euros to US dollars, caused the prices to be calculated incorrectly. This has now been rectified. The following prices were affected: AG-SAF-0004 Sustainable aviation fuel (SAF max), base cost, exw Netherlands, $/tonnePublished incorrectly as: $2,995 per tonneCorrected to: $1,996 per tonne […]
The publication of Fastmarkets’ European aluminium billet premiums assessments for Friday February 6 was delayed because of a procedural error. Fastmarkets’ pricing database has been updated.
Fastmarkets has corrected its MB-GD-0001 Gadolinium oxide 99.99%-99.999% fob China, $/kg price, which was published incorrectly.
Fastmarkets launches MB-STE-0951 Steel hot-rolled coil index, fob mill Canada on Thursday February 5.
The consultation, which is open until Friday March 6, seeks to ensure that our audited methodologies and price specifications continue to reflect the physical markets for steelmaking raw materials, 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 […]
The price subject to this annual review is Fastmarkets’ MB-STE-0141 steel billet import, cfr Manila, $/tonne.​This consultation, which is open until Friday March 6, seeks to ensure that our methodologies continue to reflect the physical CFR Manila steel billet market, in compliance with the International Organization of Securities Commission (IOSCO) principles for price reporting agencies (PRAs). This […]