Fastmarkets proposes to amend the publishing frequency of its northern and southern steel beams and hollow sections prices from weekly to monthly, to better reflect current levels of market liquidity.

Fastmarkets has corrected its weekly price for MB-STE-0112 Steel reinforcing bar (rebar) domestic, exw Egypt, E£/tonne, which was published incorrectly on November 2.

Fastmarkets has discontinued its Russian domestic steel prices as of Thursday October 5, 2023.

After assessing market feedback, Fastmarkets is extending by one month the consultation period for its proposal to launch a weekly price assessment for steel reinforcing bar (rebar), domestic, delivered Saudi Arabia.

Optimus Steel’s ongoing expansion and upgrades at its Beaumont, Texas facility since 2021 will – by the time of completion in late 2024 – double its rolling capacity from 800,000 tons per year to 1.6 million tpy

Fastmarkets proposes to launch a weekly price assessment for steel reinforcing bar (rebar) domestic, delivered Saudi Arabia.

The publication of Fastmarkets’ US rebar prices took place earlier than scheduled on Wednesday March 22 due to a reviewer error.

Fastmarkets has corrected its price assessment for steel reinforcing bar (rebar) domestic, exw Italy, which was published incorrectly on Wednesday February 1 due to an error.

Opinions are mixed on whether new steel reinforcing bar capacity will be absorbed by a down market, but a spate of planned mills in the southern United States may signal a shift toward nearshoring that could offer buyers relief from high freight costs and volatile global supply chains

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