PRICING NOTICE: Proposal to discontinue the Fastmarkets Stainless Steel 304 Europe Raw Materials Index

Fastmarkets is seeking feedback on its proposal to discontinue the EU domestic stainless steel 304 Europe raw materials index.

This index, which aims to represent the costs of the raw materials needed to produce grade-304 stainless steel, is updated weekly on a $ per tonne basis.

The consultation period for this index discontinuation will end two months from the date of this pricing notice on July 21, with changes taking place, subject to market feedback, from July 22.

To provide feedback on this index please contact Ross Yeo by email at: pricing@fastmarkets.com. Please add the subject heading FAO: Ross Yeo, re: Stainless Steel Raw Materials Index.

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