Proposal to discontinue Russian domestic steel prices

Fastmarkets proposes to discontinue its Russian domestic steel price assessments due to a lack of transaction data.

The affected price assessments are:

MB-STE-0064 – Steel cold-rolled sheet domestic, cpt Moscow, Russia, rubles/tonne incl. VAT
MB-STE-0065 – Steel hot-rolled sheet domestic, cpt Moscow, Russia, rubles/tonne incl. VAT
MB-STE-0066 – Steel reinforcing bar (rebar) domestic, cpt Moscow, Russia, rubles/tonne incl. VAT
MB-STE-0514 – Steel plate domestic, cpt Moscow, Russia, rubles/tonne incl. VAT

Fastmarkets has observed an extended period of limited transaction data being reported for these assessments.

The consultation period for this price discontinuation will begin on Thursday June 29 and end on Friday September 29, with changes taking place, subject to market feedback, from Thursday October 5.

To provide feedback on the proposal to discontinue these price assessments, or if you would like more information about this consultation, please contact Janie Davies by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Janie Davies, re: Russian domestic steel prices.”

What to read next
Fastmarkets has corrected its AG-SYB-0082 Crush Margin US Soy M1 c$/bu price, which had all forward curve months published incorrectly in the month of April 2025 and M2 published incorrectly in October 2025.
Fastmarkets is clarifying the holiday pricing calendar for its price assessments for pig iron exports from Brazil and pig iron imports in the US.
Following an informal consultation with the market, and a review of typical data sets that are collected over the recent months, Fastmarkets now proposes to increase the frequency of MB-BX-0016 Bauxite, cif China, $/dmt price to weekly basis and extend the timing of the price to reflect cargoes for arrival within 90 days, as well as moving the publish time to Friday from Wednesday.
Fastmarkets has launched the MB-BX-0017 Bauxite, FOB Guinea price, $/dmt on Friday December 19, 2025.
Fastmarkets has corrected the MB-ALU-0002 Alumina index, fob Australia, $/tonne, which was published incorrectly on Wednesday December 17 due to a procedural lapse. Fastmarkets has also corrected the index's rationale and all related inferred indices.
MB-STE-0027 Steel cold-rolled coil domestic, exw Southern Europe, €/tonne was incorrectly published as €710-750 per tonne, now corrected to €730-750 per tonne. MB-STE-0031 Steel hot-dipped galvanized coil domestic, exw Southern Europe, €/tonne was incorrectly published as €700-730 per tonne, now corrected to €730-750 per tonne. MB-STE-0030 Steel hot-dipped galvanized coil domestic, exw Northern Europe, €/tonne was incorrectly published as €710-745 per […]