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The extension is based on feedback and government data showing that producers in the region might be returning to export markets in 2019, Further investigation is also needed to verify if spot market trades are occurring.
The consultation period for this price discontinuation notice will end in one month, on April 15, with changes taking place from April 19.
Fastmarkets MB remains committed to the HDG market and will continue to track its evolution and progress, providing appropriate pricing mechanisms where needed.
To provide feedback on this price, or if you would like to provide price information by becoming a data submitter to this price, please contact Felipe Peroni by email at pricing@metalbulletin.com. Please add the subject heading FAO: Felipe Peroni, re: Latin America HDG coil price.
To see all Fastmarkets MB’s pricing methodology and specification documents go to https://www.metalbulletin.com/prices/pricing-methodology.html.