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
EN-BD-0056 biodiesel, D3 cellulosic biofuel RINs, 2024 has been corrected to 246-249 cents per RIN. EN-BD-0076 biodiesel, D3 cellulosic biofuel RINs, 2026 has been corrected to 250 – 252 cents per RIN. These prices are part of the Fastmarkets oils, fats and biofuels price package. For more information or to provide feedback on this correction […]
The price assessments were not affected by the incorrect publication and the correct prices are showing on Dashboard. The price was published at 12.33pm London time instead of the scheduled time of 3-4pm. The following prices were published early:MB-CU-0405 Copper grade A cathode premium, in-whs Shanghai, $ per tonneMB-CU-0383 Copper grade A cathode ER premium, bonded in-whs […]
Fastmarkets’ pricing database has been updated. The prices were published with a delay on May 12. The following prices were affected:MB-LI-0036 Lithium carbonate 99.5% Li2CO3 min, battery grade, spot price range, exw domestic China, yuan per tonne MB-LI-0040 Lithium hydroxide monohydrate LiOH.H2O, 56.5% LiOH min, battery grade, spot price range, exw domestic China, yuan per tonne These […]
This followed a period of open consultation with no feedback received from the market between April 2 and April 30, 2026, and a final decision published on April 30, 2026. Both the open consultation and final decision notes can be found here and here. The following prices were affected: Barley/Wheat Corn Soybean Vegoils Meals For more information or […]
Fastmarkets advises that, as of Monday May 11, certain monthly North American ferrous scrap markets are yet to settle.
Fastmarkets published its assessment of the MB-STE-0232 steel scrap No1 busheling, consumer buying price, delivered mill Chicago, $/gross ton on Monday May 11, 2026.