Become a customer

Amendment to cut-to-length plate specifications: pricing notice

Fastmarkets will amend its steel cut-to-length plate carbon grade, fob mill US assessment to exclude material below 0.375in thick, which is sold by several major mills at an additional cost.

April 17, 2023
By Zach Miller
Pricing notice

The amended specifications for the weekly assessment will be as follows:

MB-STE-0172: Steel cut-to-length plate carbon grade, fob mill US, $/cwt 
Quality: ASTM A36 Commercial Steel and corresponding grades, 0.375–2in thick x 48-72 in wide x 96-288 in long
Quantity: Minimum 50 tons
Location: FOB US mill, excluding Pacific states (Washington, Oregon, California, Alaska and Hawaii) as defined by the US Census Bureau
Unit: USD per hundredweight
Publication: Weekly, Tuesday
Notes: Raw material surcharges included, standard packaging

The consultation period for this proposal began on Friday March 17 and ended on Monday April 17. The change will be effective as of the weekly assessment on Tuesday April 25.

To provide feedback on this change, or if you would like to provide price information by becoming a data submitter to this assessment, please contact Zack Miller by email at: pricing@fastmarkets.com. Please add the subject heading: “FAO: Zack Miller re: US CTL plate assessment.”

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

What to read next
Delayed publication of black mass, NCM/NCA, payable indicator US
The publication of Fastmarkets’ MB-BMS-0014 Black mass, NCM/NCA, payable indicator, cobalt, domestic, exw USA, % payable Fastmarkets’ standard-grade cobalt price assessment and MB-BMS-0015 Black mass, NCM/NCA, payable indicator, nickel, exw USA, % payable LME Nickel cash official price assessment for Wednesday November 20 was delayed due to reporter error. Fastmarkets’ pricing database has been updated.
November 22, 2024
 · 
By Sean Barry
Correction to rationale, trade log for battery-grade lithium hydroxide, CIF CJK, November 22
Fastmarkets has corrected the rationale and trade log for MB-LI-0033 lithium hydroxide monohydrate LiOH.H2O 56.5% LiOH min, battery grade, spot price, cif China, Japan & Korea, which was published incorrectly on Friday November 22.
November 22, 2024
 · 
By Ewan Thomson
Amendment to frequency of exw China battery-grade lithium carbonate, hydroxide assessments: pricing notice
Market feedback shows that these two commodities see active spot liquidity and great price volatility. Therefore, a higher assessment frequency enables Fastmarkets to reflect their spot market dynamics in a more timely manner. The new specifications for the prices are as follows, with the amendment in italics: MB-LI-0036 Lithium carbonate 99.5% Li2CO3 min, battery grade, […]
November 22, 2024
 · 
By Zihao Li
Proposal to reduce frequency, increase timing window of US low-carbon aluminium differentials
Fastmarkets proposes to lower the frequency of its assessments for MB-AL-0389 aluminium low-carbon differential P1020A, US Midwest and MB-AL-0390 aluminium low-carbon differential value-added product US Midwest. Fastmarkets also proposes to extend the timing window of these same assessments to include any transaction data concluded within up to 18 months.
November 21, 2024
 · 
By Yasemin Esmen
Clarification of methodology for aluminium P1020A (MJP) spot premium
Fastmarkets wishes to clarify details around the following aspects of the pricing methodology for MB-AL-0343 aluminium P1020A (MJP) spot premium, cif Japan, $ per tonne.
November 21, 2024
 · 
By Jingtai Lun
Correction to aluminium scrap, old sheet (Taint/Tabor), cut sheared, 5-8% attachments, cif India
Fastmarkets has corrected its MB-AL-0399 aluminium scrap, old sheet (Taint/Tabor), cut sheared, 5-8% attachments, cif India price assessment, which was published incorrectly on Wednesday November 20.
November 20, 2024
 · 
By Aameer Sayed