PRICING NOTICE: Launch of UK domestic, European import grade-316 alloy steel scrap price assessments

Metal Bulletin has today launches four weekly grade-316 alloy steel scrap assessments - two for the UK and two for Europe.

After a consultation period, Metal Bulletin has launched two weekly UK domestic grade-316 alloy steel scrap assessments on a delivered to merchant basis, £ per tonne.

Metal Bulletin has also launched two weekly Europe import grade-316 alloy steel scrap assessments on a cif main European port basis, € per tonne.

At a later date, the price assessments will include the publication of historical data previously collected by Metal Bulletin. The historical data collection began in March 2017.

The specifications will be as follows:

Europe import stainless grade-316 solids, € per tonne cif
Type: Assessed range
Location: cif main European port
Price/unit: € per tonne
Volumes: 5-300 tonnes
Payment terms: varies
Publication: Weekly, Friday, by 3pm London time

Europe import stainless grade-316 turnings € per tonne cif
Type: Assessed range
Location: cif main European port
Price/unit: € per tonne
Volumes: Varies
Payment terms: Varies
Publication: Weekly, Friday, by 3pm London time

UK domestic stainless grade-316 solids £ per tonne
Type: Assessed range
Location: Delivered to merchant
Price/unit: £ per tonne
Volumes: 5-300 tonnes
Payment terms: Varies
Publication: Weekly, Friday, by 3pm London time

UK domestic stainless grade-316 turnings £ per tonne
Type: Assessed range
Location: Delivered to merchant
Price/unit: £ per tonne
Volumes: Varies
Payment terms: Varies
Publication: Weekly, Friday, by 3pm London time

Metal Bulletin has no financial interest in the level or direction of these assessments.

To provide feedback on these prices or if you would like to provide price information by becoming a data submitter to this price, please contact Ross Yeo by email at: pricing@metalbulletin.com. Please add the subject heading FAO: Ross Yeo, re: UK, Europe grade-316 scrap prices.

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

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