PRICING NOTICE: Correction to daily Turkish steel scrap import indices

Fastmarkets has corrected its daily Turkish steel scrap indices, which were published incorrectly on Wednesday January 6 due to a technical error.

January 6, 2021

By Cem Turken

Fastmarkets’ daily index for steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey should have been $475.14 per tonne, instead of $464.17 per tonne as previously published.

Fastmarkets’ daily index for steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey should have been $480.33 per tonne, instead of $472.64 per tonne as previously published.

Fastmarkets’ pricing database, MInD, has been updated to reflect this change.

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 index, please contact Cem Türken by email at: pricing@fastmarkets.com. Please add the subject heading ‘FAO: Cem Türken re: daily scrap indices.’

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