Delayed publication of CIS export billet index

Fastmarkets published its Commonwealth of Independent States export billet index later than scheduled on Friday July 8, due to a reporter error.

Fastmarkets calculated the steel billet index, export, fob Black Sea, CIS, at $563 per tonne on July 8.

The index was published in Fastmarkets’ pricing database, MInD, at 16:17 GMT instead of scheduled time 16:00 GMT due to a reporter error.

For more information, to provide feedback on the delayed publication, or if you would like to provide price information by becoming a data submitter to this index, please contact Elina Virchenko by email at: pricing@fastmarkets.com. Please add the subject heading ‘re: Fastmarkets’ CIS export billet index.’

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

What to read next
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.
Insteel Wire Products Company announced it will cease operations at its factory in Warren, Ohio, next week.
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.
Navigating the steel market's new terrain: tariff impacts on global markets and US manufacturing
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, […]
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.