Proposal to discontinue converted price assessment

Fastmarkets proposes to discontinue the converted price assessments for the following markets:

  • MB-STE-0467 Steel cut-to-length plate carbon grade, fob mill US, $/short ton
  • MB-STE-0465 Steel reinforcing bar (rebar), fob mill US, $/short ton

This price is converted from the market:

  • MB-STE-0172 Steel cut-to-length plate carbon grade, fob mill US, $/cwt
  • MB-STE-0170 Steel reinforcing bar (rebar), fob mill US, $/cwt

This market can now be converted to $/short ton using the conversion service on the Fastmarkets Dashboard.

The consultation period for this price discontinuation will begin on Monday October 3 and will end on Monday October 31, with changes taking place, subject to market feedback, from Tuesday November 1.

To provide feedback on the proposal to discontinue these converted price assessments, please contact Barbara O’Donovan by email at pricing@fastmarkets.com. Please add the subject heading ‘FAO: Barbara O’Donovan, re: converted price assessments.’

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

What to read next
Fastmarkets is launching two price assessments for palm oil mill effluent (POME) for loading out of ports in Malaysia in Indonesia, to meet growing interest from biofuel producers and consumers in Europe and other parts of Asia. The first publication of these two price assessments will be on Thursday December 4 and will be published […]
Fastmarkets proposes to amend the methodology for assessing sustainable aviation fuel (SAF) base cost of production in the US, effective January 5, 2026.
Fastmarkets wishes to clarify the conversion factor for Singapore Exchange (SGX) iron ore derivative forward curves data used to assess its low-grade and high-grade iron ore indices.
Following consultations and expressions of support from a broad range of market participants, Fastmarkets has decided to launch new price assessments of northern bleached softwood kraft (NBSK) and bleached eucalyptus kraft (BEK) pulp spot prices for Europe, starting in January 2026.
Fastmarkets will include EU Carbon Border Adjustment Mechanism (CBAM) costs in its secondary aluminium billet premium, ddp Europe (MB-AL-0383) and its primary aluminium 6063 extrusion billet premium, in-whs dp Rotterdam (MB-AL-0002) assessments from January 1, 2026, when the definitive period of the EU’s CBAM is set to begin. The inclusion of CBAM costs with MB-AL-0383 and MB-AL-0002 will enable […]
The decision follows a consultation period that started on October 28 and ended on November 25. The price assessments in question are:MB-STS-0008 Stainless steel scrap 18/8 solids, import, cif main European port, € per tonneMB-STS-0009 Stainless steel scrap 18/8 turnings, import, cif main European port, € per tonneMB-STS-0261 Stainless steel scrap 316 solids, import, cif main European port, € per […]