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 will not publish any price assessments for US animal fats and oils; animal proteins; biomass-based diesel; hide and leather; grain and feed ingredients; organic/non-GMO; and vegetable oils on Monday January 20 due to the Martin Luther King Jr. holiday in the US and the consequent closure for the day of the Chicago Mercantile Exchange.
Fastmarkets proposes to discontinue its MB-NI-0141 nickel min 99.8% warrant premium, in-whs North Europe, price assessment.
Fastmarkets proposes to launch two price assessments for nickel warrant premiums for the European market.
Fastmarkets proposes to launch monthly price assessments for Polish recycled containerboard, including testliner 2 140 g, testliner 3 140 g and recycled fluting 105 g.
Fastmarkets has corrected its CB-CC-0005 REDD+ Sub-Saharan Africa, $/tCO2e, CB-CC-0006 REDD+ v19 differential, Sub-Saharan Africa $/tCO2e, CB-CC-0007 REDD+ v20 differential, Sub-Saharan Africa $/tCO2e and CB-CC-0011 REDD+ v20 differential Southeast Asia $/tCO2e which were published incorrectly on Wednesday January 8.
Fastmarkets launched AG-WHE-0058 Wheat 10.5% fob US Gulf SRW wheat $/mt on January 6, 2025.