PRICING NOTICE: Correction to European stainless steel index

Fastmarkets has corrected its EU domestic Stainless Steel 304 Europe Raw Materials Index, which was published incorrectly on Monday October 22 due to a data entry error.

Fastmarkets’ European stainless steel index was incorrectly published as $1,547.12 per tonne after an exchange rate calculation error. The correct price for that date is $1,299.53 per tonne.

The Fastmarkets price book and database have been updated to reflect this change.

If you have any questions on this correction, or to provide feedback on this index, please contact Jethro Wookey by email to: pricing@fastmarkets.com. Please add the subject heading ‘FAO: Jethro Wookey, re: EU stainless index’.

To see all the Fastmarkets pricing methodology and specification documents go to https://www.fastmarkets.com/about-us/methodology

What to read next
Fastmarkets launched new assessments of northern bleached softwood kraft (NBSK) and bleached eucalyptus kraft (BEK) pulp spot prices for Europe on Monday January 12, 2026.
The publication of Fastmarkets’ EU alloy steel scrap price assessments for Wednesday December 24 was delayed because of a procedural lapse.
Fastmarkets is proposing changes to its AG-SYB-0032 Soyoil cfr India $/mt and AG-SSD-0001 Sunoil cif India $/mt assessments with effect February 9, 2026. It is also clarifying the timing of the roll date for several assessments.
Fastmarkets includes additional EU Carbon Border Adjustment Mechanism (CBAM) costs in its price assessments for ferro-chrome, delivered Europe, effective January 1, 2026, when the definitive period of CBAM began.
The publication of Fastmarkets’ price assessments of calcined alumina on January 2 was delayed due to a procedural error. Fastmarkets’ pricing database has been updated.
Fastmarkets’ price assessments for green Douglas fir and southern yellow pine (SYP) lumber were published earlier than scheduled on Thursday January 8 due to a reporter error. The assessments were published at 1.30pm Pacific Time instead of the scheduled time of 3:30pm Pacific Time.