PRICING NOTICE: Discontinuation of selected scrap assessments, launch of selected scrap indices

Following a review of its ferrous scrap prices portfolio, Metal Bulletin Group is proposing to discontinue some weekly assessments.

Paragraph entered by Atlantic migration, in order for SteelFirst articles to display correctly on Metal Bulletin.

The Metal Bulletin Group is proposing to discontinue those weekly assessments for which it also publishes prices based on its established and leading index methodology.

In each case below, the assessment will be discontinued from Metal Bulletin and Steel First and replaced by indices from sister publication American Metal Market (AMM).

The following weekly assessments will be discontinued with effect from November 22, 2013:

  • USA export ferrous scrap HMS 1&2 (80:20) fob East Coast
  • USA export ferrous scrap shredded fob East Coast

The following weekly indices will replace the discontinued assessments with effect from December 2, 2013:

  • AMM Ferrous Scrap Export Index HMS 1&2 (80:20) East Coast (fob New York)
  • AMM Ferrous Scrap Export Index shredded fob East Coast (fob New York)

Historical price data for both indices will be made available on December 2, 2013.

This change will also include a move in the publishing day from every Friday to every working Monday. As a result, there will be no assessment dated November 29, 2013.

Following the last assessment date of November 22, 2013, the next price will be published on December 2, 2013.

For queries and comments, please contact Sean Davidson, Global Scrap Editor for Steel First and AMM, at sdavidson@amm.com.

 

What to read next
The MB-AL-0408 aluminium low-carbon differential P1020A, cif Mexico was published at 3:02pm London time on May 20 instead of the scheduled time of 3-4pm on May 27. The erroneous price has been removed from Fastmarkets’ pricing database. The price will next be published on May 27 at its usual time. This price is a part of the Fastmarkets […]
Fastmarkets invited feedback from the industry on the pricing methodology for its global soybean prices, via an open consultation process between April 15 and May 10, 2025. This consultation was done as part of our annual methodology review process.
Due to the Commemoration of Atatürk, Youth and Sports Day on Monday May 19, these prices will be published instead on May 20, in accordance with Fastmarkets’ policy. This change was not initially noted on Fastmarkets’ 2025 pricing schedule. The pricing schedule has now been updated. The affected prices are:MB-STE-0093 steel scrap, auto bundle scrap, […]
Fastmarkets proposes to launch Nordic sawn timber export prices for selected European markets and grades, while discontinuing the PIX Sawn Timber FAS Finland indices. The PIX sawn timber FAS Finland indices have not been widely adopted by the industry and the new price assessments will offer more end-market-specific data for major European markets and will […]
To increase transparency, Fastmarkets has further clarified how it handles price movements during periods of low liquidity. Factors that Fastmarkets may consider during times of low liquidity include, but are not limited to: market fundamentals such as changes in inventory levels, shipments, operating rates and export volumes; relative fundamentals of similar commodities in the same […]
Fastmarkets invited feedback from the industry on the pricing methodology for PIX Packaging GCC indices via an open consultation process between April 16 and May 14, 2025. This consultation was done as part of our published annual methodology review process. Full details of the prices covered by this consultation can be found here. No feedback […]