Rapidly increasing export volumes of Chinese steel sold at lower prices are significantly lowering sentiment across key global ferrous markets, trade sources told Fastmarkets the week to Thursday August 1

Here are the key takeaways from market participants on scrap metal prices, market confidence, inventory and more from our August survey

Fastmarkets has corrected its MB-STE-0523 Steel scrap shredded auto scrap, consumer buying price, delivered mill, $/gross ton, weekly composite, which was published incorrectly since June 14.

Fastmarkets proposes to amend the pricing frequency of its MB-STE-0889 steel scrap, index, heavy recycled steel materials, cfr east China, and MB-STE-0895 steel scrap, index, heavy recycled steel materials, cfr north China to once a month from the current weekly basis.

The publication of Fastmarkets’ price assessments for MB-STE-0093 Turkey domestic auto bundle scrap and MB-STE-0094 Turkey domestic melting scrap from shipbreaking for June 17 were delayed due to a reporter error.

The publication of Fastmarkets’ MB-STE-0887 steel scrap shredded, index, import, cfr Port Qasim, Pakistan was delayed on Tuesday July 16 due to a technical error.

Fastmarkets advises that, as of Wednesday July 10, certain monthly North American ferrous scrap assessments had yet to be settled.

Here are the key takeaways from market participants on scrap metal prices, market confidence, inventory and more from our July survey

The publication of Fastmarkets’ Turkey steel scrap indices for Thursday June 27 was delayed because of a technical error.

Fastmarkets has corrected its MB-STS-0259 stainless steel scrap 316 solids domestic, delivered merchants UK, £/tonne price assessment, which was published incorrectly on Friday June 14.