Fastmarkets would like to give answers to some of the questions that might be raised regarding the proposed launch of a daily price assessment for steel scrap, month-to-date deal-weighted average, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey, $ per tonne.
Frequently asked questions
Is Fastmarkets proposing to change the way it calculates the index for steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey, or the corresponding index for steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey?No. The daily Turkey scrap indices will remain unchanged and will continue to reflect the level of trading, or of non-transaction activity such as bids and offers, for each working day.
On what data will the new
Turkey steel scrap month-to-date deal-weighted average price be based?