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Holiday notice: Year-end 2018

Dec 28, 2018 | 01:48 PM |

Tags  holiday notice, holiday closure, 2018, pricing, prices


Fastmarkets' US offices will be closed Tuesday December 25 through Tuesday January 1 in observance of the Christmas and New Year's holidays. There will be no daily newsletter.

Publishing

Fastmarkets US offices will be closed Tuesday December 25 through Tuesday January 1 in observance of the Christmas and New Year's holidays. There will be no daily newsletter. 



Pricing

The New York Mercantile Exchange is closed on December 25 and January 1. The London Metal Exchange is closed on both of those days, as well as Wednesday December 26. For days the exchanges are open, exchange and precious metals prices will be updated on the Fastmarkets AMM website. Fastmarkets AMM's price assessments and indices will be updated from December 26 through Friday December 28, on Monday December 31 and again from Wednesday January 2.



Schedule changes

Base metal premiums and non-ferrous scrap prices normally priced on Tuesdays and Wednesdays will be assessed on December 24 due to the LME's closure. Base metal premiums and non-ferrous scrap prices will again be assessed on December 31 due to the LME's closure on January 1. The daily hot-rolled coil index will not be published on December 25 or January 1. Mexican ferrous scrap prices normally assessed on Tuesdays will be assessed on December 26 and  January 2 respectively due to the holidays.



Other assesments with changed schedules include the monthly price assessments for stainless sheet and energy tubular goods. Stainless sheet prices are normally priced on the 25th of each month but this month will be published on December 26. Energy tubular prices are normally published on the last Tuesday of each month but this month will be published on December 26. 



To see all of Fastmarkets AMM’s pricing methodology and specification documents, click here.


 

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