Correction to assessment for Egypt domestic rebar on November 2

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.

The assessment for MB-STE-0112 Steel reinforcing bar (rebar) domestic, exw Egypt, E£/tonne should have E£32,000-41,130 per tonne ex-works, incl 14% VAT on November 2, but was published as E£36,500-41,130 per tonne.

Fastmarkets’ pricing database have been updated to reflect this change.

These prices are a part of the Fastmarkets steel physical prices package.

For more information or to provide feedback on this correction notice or if you would like to provide price information by becoming a data submitter to this price, please contact Darina Kahramanova by email at: pricing@fastmarkets.com. Please write in the subject line “FAO Darina Kahramanova, re: Egypt domestic rebar assessment”.

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

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

What to read next
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.
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.
The publication of Fastmarkets’ index for steel reinforcing bar (rebar) export, fob China main port for Tuesday November 19 was delayed due to a reporter error. Fastmarkets’ pricing database has been updated.
Fastmarkets is inviting feedback from the industry on the pricing methodology for Latin America Recovered Paper, as part of its announced annual methodology review process. This consultation, which is open until December 31, 2024, seeks to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of […]
This consultation, which is open until December 31, 2024, seeks to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency. You can […]
Fastmarkets has corrected its FP-LBR-0395, LANL, KD SYP (west) 2 2×6 22-foot, which was published incorrectly on November 14, 2024. The error has been corrected. The correct value is below: FP-LBR-0395 LANL           $780 For comments and queries, please send email to: pricing@fastmarkets.com. This price is part of the Fastmarkets softwood products package. For more information […]