PRICING NOTICE: Clarification of name of Fastmarkets’ CIS steel heavy plate export price

In the process of standardizing the names of its prices, Fastmarkets has found that the range of thicknesses was displaying incorrectly in the name of its CIS steel heavy plate export price.

In the Fastmarkets price name for CIS steel heavy plate exports fob Black Sea, the plate thickness had been listed as 10-50mm. The correct thickness, as properly specified in the Fastmarkets ferrous methodology document, is 8-10mm.

The name in the Fastmarkets price book has been corrected to steel heavy plate 8-50mm export, fob Black Sea, CIS, $/tonne.

The values for the price that Fastmarkets has published are correct, as is the methodology underpinning the discovery of the price.

Please click here to see all of our lists of standardized price names as implemented on July 5.

To provide feedback on this price or if you would like to provide price information by becoming a data submitter, please contact Marina Shulga by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Marina Shulga, re: CIS steel heavy plate.”

To see all Fastmarkets’ pricing methodology and specification documents, please go to www.fastmarkets.com/about-us/methodology.

What to read next
Fastmarkets published its assessment of the MB-STE-0232 steel scrap No1 busheling, consumer buying price, delivered mill Chicago, $/gross ton on Thursday June 5, 2025.
This consultation was done as part of our annual methodology review process. No feedback was received 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 market under indexation, in compliance with the International Organization […]
No feedback was received 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 market under indexation, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes […]
The assessments under review were: No feedback was received 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 market under indexation, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price […]
The following prices were published at 4:24pm London time, instead of by the scheduled time of 4pm London time: MB-IRO-0002 Pig iron export, fob main port Black Sea, CIS, $/tonneMB-IRO-0014 Pig iron import, cfr Italy, $/tonneMB-FE-0004 Hot-briquetted iron, cfr Italian ports, $/tonne These prices are a part of the Fastmarkets Steel Raw Materials Physical Prices package. For more […]
Fastmarkets’ Agriculture publishing schedule has been updated accordingly. You can find the publishing schedule here. For more information or to provide feedback on the publishing schedule update, please contact Eduardo Tinti by email at: pricing@fastmarkets.com. Please add the subject heading “Argentina Grains publishing schedule, 2025.” Please indicate if comments are confidential. Fastmarkets will consider all comments received […]