PRICING NOTICE: Proposal to amend publication time of Latin American steel prices

This proposal affects the following price assessments:

• Steel hot-rolled coil (dry) export, fob main port Latin America, $/tonne – MB-STE-0133 

• Steel hot-rolled coil import, cfr main ports South America, $/tonne – MB-STE-0102 

• Steel hot-rolled coil domestic monthly, exw Brazil, reais/tonne – MB-STE-0007 

• Steel hot-rolled coil monthly assessment domestic, exw Argentina, $/tonne – MB-STE-0003

• Steel cold-rolled coil import, cfr main ports South America, $/tonne – MB-STE-0103

• Steel cold-rolled coil export, fob main port Latin America, $/tonne –  MB-STE-0132

• Steel cold-rolled coil domestic monthly, exw Brazil, reais/tonne – MB-STE-0005

• Steel cold-rolled coil monthly assessment domestic, exw Argentina, $/tonne – MB-STE-0001

• Steel hot-dipped galvanized coil import, cfr main ports South America, $/tonne – MB-STE-0104

• Steel hot-dipped galvanized coil domestic monthly, exw Brazil, reais/tonne – MB-STE-0006

• Steel hot-dipped galvanized coil monthly assessment domestic, exw Argentina, $/tonne – MB-STE-0002

• Steel heavy plate (thicker than 10mm) export, fob main port Latin America, $/tonne – MB-STE-0134

• Steel plate import, cfr main ports South America, $/tonne – MB-STE-0101

• Steel reinforcing bar (rebar) domestic monthly, delivered Brazil, reais/tonne – MB-STE-0008

• Steel reinforcing bar (rebar) domestic monthly assessment, exw Argentina, $/tonne – MB-STE-0196

• Steel wire rod (mesh quality) export, fob main port Latin America, $/tonne – MB-STE-0130

• Steel billet export, fob main port Latin America, $/tonne – MB-STE-0128

• Steel slab export, fob main port Brazil, $/tonne – MB-STE-0566

The change is proposed to allow Fastmarkets more time in the week to assess these markets and to optimize the price review and publication process.

The consultation period for this proposal starts from the publication date of this pricing notice on Tuesday July 14 and will end on Tuesday August 11. The publication time change would be effective, subject to market feedback, on Friday August 14.

To provide feedback on this price, or if you would like to provide price information by becoming a data submitter to this price, please contact Felipe Peroni and Renato Rostás by email at pricing@fastmarkets.com. Please add the subject heading ‘FAO: Felipe Peroni and Renato Rostás, re: Latin America steel prices’.

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