Steel bar hot-rolled special bar quality (SBQ) 1-inch round 1000 series (carbon), fob mill US, $/cwt

Following market feedback on the discrepancy between machine shop turnings and other ferrous scrap grades in the Houston dealer selling market, Fastmarkets proposes a realignment of the remaining grades in Houston, effective from the October 2022 monthly settlement.

Mixed near-term demand and stagnant prices could place US buyers at an advantage during this year’s steel HRC trading season

Key talking points at Fastmarkets’ International Aluminium conference, held in Barcelona, Spain, on September 12-15