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Price notice: SBQ assessment date change

Jun 30, 2020 | 02:55 PM | New York | Patrick Fitzgerald

Tags  steel, long products, special bar quality, SBQ


Fastmarkets has changed 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.

Following a one-month consultation, the new specifications are as follows, with changes highlighted in bold:

MB-STE-0205 – Steel bar cold-finished 1-inch round 1018 (carbon), fob mill US
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
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
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-0208 – Steel bar hot-rolled special bar quality (SBQ) 1-inch round 1000 series (carbon), fob mill US
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
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 change 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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