PRICING NOTICE: Correction to UK steel scrap prices

Fastmarkets MB has corrected its weekly price assessments for steel scrap exported from the UK, which were published incorrectly on Friday July 26 due to a calculation error.

July 31, 2019

By Ross Yeo

Fastmarkets’ weekly price assessment for steel scrap HMS 1&2 (80:20 mix) export, fob main port UK, was originally published at $274-277 per tonne. This has now been corrected to $270-272 per tonne.

Fastmarkets’ weekly price assessment for steel scrap shredded export, fob main port UK, was originally published at $279-282 per tonne. This has now been corrected to $275-277 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 Turken re: UK steel scrap export’.

To see all Fastmarkets’ pricing methodology and specification documents go to www.metalbulletin.com/prices/pricing-methodology