Fastmarkets proposes to change the publication time of its Latin American steel price assessments to Friday at 2-3pm New York time from Friday 2-3pm London time.
This proposal affects the following price assessments:
Steel hot-rolled coil (dry) export, fob main port Latin America, $/tonne - MB-STE-0133 Steel hot-rolled coil import, cfr main ports South America, $/tonne - MB-STE-0102 Steel hot-rolled coil domestic monthly, exw Brazil, reais/tonne - MB-STE-0007 Steel hot-rolled coil monthly assessment domestic, exw Argentina, $/tonne - MB-STE-0003Steel cold-rolled coil import, cfr main ports South America, $/tonne - MB-STE-0103Steel cold-rolled coil export, fob main port Latin America, $/tonne - MB-STE-0132Steel cold-rolled coil domestic monthly, exw Brazil, reais/tonne - MB-STE-0005Steel cold-rolled coil monthly assessment domestic, exw Argentina, $/tonne - MB-STE-0001Steel hot-dipped galvanized coil import, cfr main ports South America, $/tonne - MB-STE-0104Steel hot-dipped galvanized coil domestic monthly, exw Brazil, reais/tonne - MB-STE-0006Steel hot-dipped galvanized coil monthly assessment domestic, exw Argentina, $/tonne - MB-STE-0002Steel heavy plate (thicker than 10mm) export, fob main port Latin America, $/tonne - MB-STE-0134Steel plate import, cfr main ports South America, $/tonne - MB-STE-0101Steel reinforcing bar (rebar) domestic monthly, delivered Brazil, reais/tonne - MB-STE-0008Steel reinforcing bar (rebar) domestic monthly assessment, exw Argentina, $/tonne - MB-STE-0196Steel wire rod (mesh quality) export, fob main port Latin America, $/tonne - MB-STE-0130Steel billet export, fob main port Latin America, $/tonne - MB-STE-0128Steel slab export, fob main port Brazil, $/tonne - MB-STE-0566The change is proposed to allow Fastmarkets more time in the week to assess these markets and to optimize the price review and publication process.
The consultation period for this proposal starts from the publication date of this pricing notice on Tuesday July 14 and will end on Tuesday August 11. The publication time change would be effective, subject to market feedback, on Friday August 14.
To provide feedback on this price, or if you would like to provide price information by becoming a data submitter to this price, please contact Felipe Peroni and Renato Rost??s by email at
pricing@fastmarkets.com. Please add the subject heading 'FAO: Felipe Peroni and Renato Rost??s, re: Latin America steel prices'.
To see all Fastmarkets' pricing methodology and specification documents go to
https://www.fastmarkets.com/ about-us/methodology.