Fastmarkets’ database was updated on Tuesday January 10 to reflect this change.
The specification of the affected prices is as follows:
MB-STE-0255 Steel scrap No1 heavy melt, consumer buying price, delivered mill Cleveland, $ per gross ton
Assessment: No1 heavy melt
Quality: Wrought iron and/or steel scrap ¼ inch and over in thickness. Individual pieces not over 60 inches x 24 inches (charging box size) prepared in a manner to insure compact charging.
Location: Delivered mill price, Cleveland
Unit: USD per gross ton
Publication: Monthly, typically before the 10th
Notes: A separate methodology for the AMM Midwest index is available. ISRI Code: 200
For more information or to provide feedback on this correction notice, or if you would like to provide price information by becoming a data submitter to these prices, please contact Sean Barry by email at pricing@fastmarkets.com. Please add the subject heading: “FAO: Sean Barry, Re: No.1 heavy melt, delivered mill Cleveland.”
To see all of Fastmarkets’ pricing methodology and specification documents, go to https://www.fastmarkets.com/about-us/methodology.
