PRICING NOTICE: Proposal to launch domestic price for E40-grade ferrous scrap in Italy

Fastmarkets proposes to launch a monthly Italy domestic grade E40 shredded steel scrap € per tonne delivered to Italian mill price assessment.

The introduction of the price will expand Fastmarkets’ Italian scrap market coverage, complementing its monthly assessments for domestic E3 and E8 grade scrap in Italy. The launch of the new price will allow Fastmarkets to cover all main grades of the material in Italy.

The launch of the new assessment will also bring Fastmarkets’ coverage of the Italian domestic scrap market in line with its German coverage. Fastmarkets already has monthly assessments for domestic E3, E8 and E40 ferrous scrap grades in Germany.

Fastmarkets now invites market participants to take part in a consultation on its proposal to launch an assessment called: Italy domestic grade E40 shredded steel scrap € per tonne delivered to Italian mill.

The consultation period for this proposed launch will end one month from the date of this pricing notice on March 14, with changes taking place from March 15, subject to market feedback.

To provide feedback on this proposal or if you would like to provide price information by becoming a data submitter to this price, please contact Maria Tanatar by email at: Please add the subject heading FAO: Maria Tanatar, re: Italy domestic E40-grade scrap price

To see all Fastmarkets pricing methodology and specification documents go to

What to read next
Fastmarkets has amended the specifications for the weekly all-in assessment price for steel hot-dipped galvanized coil to clarify the included zinc coating extras and publish a non-market adjustment to reflect this extra.
The consultation, which is open until October 28, 2022, seeks to ensure that our audited methodologies and price specifications continue to reflect the physical markets for alumina, aluminium, cobalt, copper, lithium and manganese ore, 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.
Fastmarkets is inviting feedback from the industry on its pricing methodology and product specifications for non-ferrous materials, as part of its announced annual methodology review process.
Fastmarkets wishes to clarify in this pricing notice its current methodological approach to Russian brands in its metals and mining pricing assessment process after Russia’s unprovoked invasion of Ukraine.
Fastmarkets’ Shanghai-London arbitrage calculations for base metals were published incorrectly on Wednesday September 28 due to a reporter error,
Is the ‘green’ advantage held by steel companies in the US at risk as the market adopts a more rigorous approach to reducing Scope 3 emissions?
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.