PRICING NOTICE: Proposal to amend Fastmarkets’ methodology for Taiwan steel scrap price assessment

Fastmarkets invites feedback on its Taiwan steel scrap price assessment as part of its annual methodology review process, in compliance with the International Organization of Securities Commissions (Iosco) principles for price reporting agencies.

This consultation, which will be open until July 1, 2021, seeks to ensure that our methodology continues to reflect the physical market under the price assessment for MB-STE-0464 steel scrap HMS 1&2 (80:20 mix), US material import, cfr main port Taiwan. This includes all elements of our pricing process, our price specifications and publication frequency.

To provide feedback on the annual review of the price assessment for steel scrap HMS 1&2 (80:20 mix), US material import, cfr main port Taiwan, or if you would like to provide price information by becoming a data submitter to this price, please contact Paul Lim by email at pricing@fastmarkets.com. Please add the subject heading ‘FAO: Paul Lim re: annual methodology review of Fastmarkets Taiwan Steel Scrap Index.’

Please specify whether your response is confidential. Opinions offered in confidential responses may be referenced but will not be attributed in any way.

Fastmarkets will publish the outcome of this methodology review by July 5, including all feedback unless noted as confidential. Any proposals to make material changes, discontinue or launch prices will involve a separate market consultation, the length of which will depend on how substantial the change would be for the industry.

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

What to read next
The assessment, which currently follows the UK holiday calendar, will follow the Singapore holiday calendar after the proposed change. There will be no change to the publication timing, and the assessment will continue to be published weekly on Wednesdays, at 7pm Singapore time. The decision follows a consultation period for the proposed amendment which took […]
Fastmarkets has amended its pricing holiday calendar to show Monday June 29, 2026 as a non-publishing day for Black Sea grains and oilseeds prices.
This consultation, which is open until July 27, 2026, seeks to ensure that our methodologies continue to reflect the physical market under indexation, 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. You can […]
Fastmarkets has corrected the rationale for MB-CU-0287 Copper concentrates TC index, cif Asia Pacific, $/tonne, which was published incorrectly on Friday June 26 due to a typo.
Fastmarkets has launched a monthly price assessment for medium carbon ferro-manganese in Europe, effective on Friday June 26, following market requests for price transparency.
Fastmarkets has amended the frequency of its MB-NI-0246 Nickel sulfate, cif Japan and Korea, and MB-NI-0247 Nickel sulfate premium, cif Japan and Korea assessments to fortnightly from weekly, effective Friday June 26.