The proposal was made following observations that HMS 1&2 (70:30) was no longer exported out of Rotterdam.
The proposed amended specification is as follows:
Ferrous scrap, Rotterdam, export, HMS 1&2 (75:25), $ per tonne fob Rotterdam
18x36in to 24x60in
Standard order size, 1,000 tonnes
As long as 6 weeks
US dollars per tonne
letter of credit, bank transfer
Weekly, Friday, 4.30pm London time.
The extended consultation period for this proposed amendment will end one month from the date of this pricing notice, on Monday September 24, with changes taking place from Friday September 28, subject to market feedback.
To provide feedback on this price, or if you would like to provide price information by becoming a data submitter to this price, please contact Cem Türken by email at: firstname.lastname@example.org
. Please add the subject heading: FAO: Cem Türken, re: Rotterdam HMS 1&2 (75:25) export price.
To see all Metal Bulletin’s pricing methodology and specification documents, go to https://www.metalbulletin.com/prices/pricing-methodology.html