PRICING NOTICE: Correction to Turkey steel billet export price

Fastmarkets MB has corrected its weekly price assessment for steel billet exported from Turkey, which was published incorrectly on September 19 due to an error.

Fastmarkets’ weekly price assessment for steel billet export, fob main port Turkey was originally published at $370-390 per tonne. This has now been corrected to $370-380 per tonne.

Fastmarkets MB’s price book and database have been updated to reflect this change.

For more information or to provide feedback on this correction notice or if you would like to provide price information by becoming a data submitter to this price, please contact Cem Turken by email at: pricing@fastmarkets.com. Please add the subject heading ‘FAO: Cem Türken re: Turkey steel billet export’.

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

What to read next
This consultation, which is open until April 8, 2026, seeks to ensure that our methodologies continue to reflect the physical market, 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 specifications and publication frequency. The price under review […]
The publication of Fastmarkets’ assessments for copper grade A cathode warrant premiums and aluminium P1020A warrant premiums was delayed on Wednesday March 11 because of a procedural lapse. Fastmarkets’ pricing database has been updated.
This decision was proposed in a methodology note published on February 9, which you can view here. This decision follows preliminary discussions with the market as well as internal meetings to review relevant Fastmarkets data, which suggested that there was low spot liquidity and price volatility. No negative feedback was received during the consultation period. The […]
This consultation was done as part of our published annual methodology review process. No feedback was received about a methodology change 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 CFR Manila steel billet market, in […]
The prices that will be affected are AG-SAF-0006 sustainable aviation fuel (SAF max), base cost, exw Netherlands (incl. HBE-IXB credits), $ per tonne, and AG-SAF-0007 sustainable aviation fuel (HVO max), base cost, exw Netherlands (incl. HBE-IXB credits), $ per tonne. Following the update by the Netherlands to its current biofuel mandate ahead of its full implementation of […]
Fastmarkets has suspended its pricing for Iran steel billet and slab exports following the escalation of the conflict between the US, Israel and Iran and because relevant, relative pricing data is not immediately available.