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Price notice: SBQ assessment date

Jul 12, 2020 | 05:15 PM | New York | Patrick Fitzgerald

Tags  steel, long products, special bar quality, SBQ assessment


Fastmarkets proposes to change the date of its monthly special bar quality (SBQ) steel assessment to the third Friday of each month from the second Friday of each month.

The consultation period for this proposal will run until June 30; an update to this notice will be published on that day. 

The proposed revised specifications are as follows, with changes highlighted in bold:

MB-STE-0205 Steel bar cold-finished 1-inch round 1018 (carbon), fob mill US, $/cwt
Quality: Carbon 0.15-0.20%, manganese 0.60-0.90%, silicon 0.15-0.30%. 1-inch round diameter, standard lengths 20 to 40 feet
Quantity: Min 10 tons
Location: fob mill
Unit: USD per hundredweight
Publication: Monthly, third Friday
Notes: Raw materials surcharges included

MB-STE-0206 Steel bar cold-finished 1-inch round 12L14 (carbon), fob mill US, $/cwt
Quality: Carbon max. 0.15%, manganese 0.85-1.15%, lead 0.15-0.35%, sulfur 0.26-0.35%, phosphorous 0.04- 0.09%. 1-inch round diameter, standard lengths 20 to 40 feet
Quantity: Min 10 tons
Location: fob mill
Unit: USD per hundredweight
Publication: Monthly, third Friday
Notes: Raw materials surcharges included

MB-STE-0204 Steel bar cold-finished 1-inch round 4140 (alloy), fob mill US, $/ cwt
Quality: Carbon 0.38-0.43%, manganese 0.75-1.00%, silicon 0.15-0.30%, molybdenum 0.15-0.25%, chromium 0.80-1.00%, phosphorous max. 1-inch round diameter, standard lengths 20 to 40 feet0.35%, sulfur max. 0.40%.
Quantity: Min 10 tons
Location: fob mill
Unit: USD per hundredweight
Publication: Monthly, third Friday
Notes: Raw materials surcharges included

MB-STE-0208 Steel bar hot-rolled special bar quality (SBQ) 1-inch round 1000 series (carbon), fob mill US, $/cwt
Quality: ASTM A108 to ASTM 1080; AISI commercial quality includes 1018, 1020. AISI medium carbon: 1044, 1045. 1-inch round diameter, standard lengths 20 to 40 feet
Quantity: Min 10 tons Location: fob US mill
Unit: USD per hundredweight
Publication: Monthly, third Friday
Notes: Raw materials surcharges included

MB-STE-0207 Steel bar hot-rolled special bar quality (SBQ) 1-inch round 4100 series (alloy), fob mill US, $/cwt
Quality: Carbon 0.10-0.40%, silicon 0.25%, manganese 0.85%, chromium 1.00%, molybdenum 0.25%. 1-inch round diameter, standard lengths 20 to 40 feet
Quantity: Min 10 tons Location: fob mill
Unit: USD per hundredweight
Publication: Monthly, third Friday
Notes: Raw materials surcharges included

To provide feedback on this proposal or if you would like to provide price information by becoming a data submitter to these assessments, please contact Patrick Fitzgerald by email at pricing@fastmarkets.com. Please add the subject heading: FAO: Patrick Fitzgerald re: US SBQ assessment.

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


 

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