PRICING NOTICE: Delayed publication of CIS export billet index

Fastmarkets published its CIS export billet index later than scheduled on Monday December 9 but it is now appearing as normal.

December 9, 2019

Fastmarkets calculated the steel billet index export, fob Black Sea, CIS at $400 per tonne on Monday December 9. The index was published in Fastmarkets’ pricing database, MInD, later than scheduled due to an administrative error.

MInD has now been updated with the latest index.

To provide feedback on the delayed publication, please contact Vlada Novokreshchenova by email at: pricing@fastmarkets.com. Please add the subject heading ‘FAO: Vlada Novokreshchenova Re: Fastmarkets’ CIS export billet index.’

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

What to read next

Access World and the non-nickel stones | Hotter Commodities

Glencore’s Gary Nagle might have spoken too soon when he said that his company wouldn’t be hit by a nickel fraud similar to that seen by its rival, Trafigura

March 20, 2023

Andrea Hotter

Proposal to amend Fastmarkets’ cut-to-length plate specifications

Fastmarkets proposes to amend its steel cut-to-length plate carbon grade, fob mill US assessment to exclude material below 0.375 inches of thickness, which is sold with an added cost by several major mills.

March 17, 2023

Zach Miller

EC names critical, strategic raw materials under proposed new act

The European Union’s much-anticipated Critical Raw Materials Act, announced on Thursday March 16 by European Commission president Ursula von der Leyen, has set out new lists of the raw materials now formally designated as strategic and critical

March 17, 2023

Claire Patel-Campbell

LME nickel suits reach at least $581 million | Hotter Commodities

The London Metal Exchange is facing lawsuits seeking damages collectively worth more than half a billion dollars for losses that investors allege they suffered as a result of nickel trades being canceled by the exchange last year

March 17, 2023

Andrea Hotter

Delayed publication of cobalt, lithium prices

The publication of a number of Fastmarkets’ price assessments was delayed on Thursday March 16 for technical reasons.

March 16, 2023

Justin Yang

European nickel uncut cathode and briquette premiums rise but premiums steady elsewhere

Continued tightness of class one supply within Europe and increased buying interest amid falling London Metal Exchange nickel prices and fresh liquidity have prompted an increase in premiums within Europe, while US and Chinese premiums remain steady for now

March 16, 2023

the Fastmarkets team