Sean Barry

North American scrap editor
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Fastmarkets has temporarily suspended pricing for ferrous scrap turnings in the Pittsburgh market effective Friday May 6 due to the absence of local buyers.
Fastmarkets invited feedback from the industry in an open consultation process between Monday April 4 and Wednesday May 4 on the pricing methodology for its US Midwest ferrous scrap indices.
Fastmarkets is inviting feedback from the industry on the pricing methodologies for its Midwest ferrous scrap indices as part of its annual methodology review process in compliance with the International Organization of Securities Commissions (Iosco) principles for price reporting agencies.
Fastmarkets has temporarily suspended pricing US pig iron basic grade, Ukraine/Russia, fob New Orleans effective Monday March 14 due to a complete halt in sales following the Russia-Ukraine conflict.
Fastmarkets has corrected its ferrous scrap consumer buying prices for North and South Carolina, which were published incorrectly on Thursday March 10 due to a reporter error.
Fastmarkets has corrected its consumer buying prices for steel scrap No1 bundles, delivered mill Philadelphia and steel scrap No1 busheling, delivered mill Philadelphia based on further pricing data submitted for the domestic ferrous scrap monthly trade in February
CME Group’s busheling futures contracts traded 66 lots (1,320 gross tons) on Tuesday January 25, up from 15 lots during the previous session
A quest to lock up shredded and prime grades of ferrous scrap in the United States went into high gear in 2021.
Fastmarkets looks at some of the dynamics that could come into play in 2022 for the US ferrous scrap market
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