PRICING NOTICE: Amendment to Iranian steel billet, slab export price assessments

Fastmarkets has today amended the publication time of its weekly Iranian steel billet and slab export prices from 1-2pm to 2-3pm London time.

Following a consultation period, Fastmarkets has amended the publication time of the steel billet export, fob ports Iran assessment and the steel slab export, fob ports Iran assessment to better capture the full extent of market activity and bring the specifications in line with the majority of Fastmarkets’ other regional steel price assessments.

Although the change is being implemented from October 30, it will only take effect from the date of the next scheduled publication of the price assessments on Wednesday November 4.

To provide feedback on these price assessment changes or if you would like to provide price information by becoming a data submitter to these prices, please contact Vlada Novokreshchenova by email at: pricing@fastmarkets.com. Please add the subject heading FAO: Vlada Novokreshchenova, re: Iranian export billet and slab prices.

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

What to read next
On September 25, the discontinuation was postponed from the originally scheduled final publication to take into account the needs of market participants that still had physical contracts linked to the lithium contract assessments in place. The affected prices are:• MB-LI-0031Lithium hydroxide monohydrate LiOH.H2O 56.5% LiOH min, battery grade, contract price cif China, Japan & Korea• MB-LI-0027Lithium carbonate 99.5% Li2CO3 min, battery […]
Fastmarkets will not publish any price assessments for US animal fats and oils; animal proteins; biomass-based diesel; hide and leather; grain and feed ingredients; organic/non-GMO; and vegetable oils, on Wednesday December 25.
The publication of Fastmarkets’ Shanghai copper premiums on Monday December 23 were delayed because of a reporter error. Fastmarkets’ pricing database has been updated.
The first amendment decreases the differentials’ publishing frequency to once monthly from once weekly. Both differentials will be next assessed on January 3, 2025, and on the first Friday of each month thereafter. The monthly frequency matches Fastmarkets’ low-carbon aluminium differentials in other regions and better reflects current market liquidity. No feedback was received during […]
Fastmarkets determined today that it will launch two new boxboard packaging prices focused on the marketplace in Mexico.
Fastmarkets invited feedback from the industry on the pricing methodologies for Log Lines and Woodfiber & Biomass Markets as part of its announced annual methodology review process.