Final decision on open consultation on methodology for US CRC, HDG, steel plate methodologies: pricing notice

Fastmarkets invited feedback from the industry on the pricing methodologies for its FOB US mill price assessments for steel cold-rolled coil, hot-dipped galvanized coil and cut-to-length plate via an open consultation process between May 5 and June 5, 2023. This consultation was done as part of its annual methodology review process.

No feedback was received during the consultation period; therefore, no changes will be made to the methodologies.
 
This consultation sought to ensure that Fastmarkets' methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency.
You can find the current methodology for these prices here at https://www.fastmarkets.com/methodology/metals/steel.
To see all Fastmarkets pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.

Grace Asenov

grace.asenov@fastmarkets.com

Published

Grace Asenov

June 07, 2023

20:21 GMT

New York