Fastmarkets has realigned its prices for No1 busheling in the Pittsburgh and Cincinnati markets, effective with the May 2023 settlement.

Major German recycler TSR aims to supercharge scrap consumption in Europe with a high-grade scrap designed to make high-quality flat steel for sectors such as automotive, a company official told Fastmarkets on Friday April 28

Following the transition of its Houston ferrous scrap prices to consumer buying from dealer selling in January, Fastmarkets has published a monthly post-settlement notice detailing month-on-month market changes.

Fastmarkets proposes to discontinue its consumer buying price for steel scrap rail crops 2ft max, delivered mill Chicago, due to a lack of liquidity.

Following a 30-day consultation period, Fastmarkets has decided to realign its prices for No1 bundles in Cincinnati and Pittsburgh, including No1 industrial bundles in the latter market, effective with the May 2023 settlement.

Fastmarkets has realigned its prices for No1 busheling in the Pittsburgh and Cincinnati markets effective with the May 2023 settlement.

Fastmarkets decided to change the publication time of the weekly assessment of Mexican ferrous scrap prices on Tuesdays to “between 2pm and 3pm New York time” from “by 2pm New York time."

Fastmarkets proposes to discontinue its consumer buying prices for machine shop turnings in the Cleveland and Pittsburgh markets due to a lack of liquidity.

Fastmarkets is inviting feedback from the industry on the pricing methodology for its steel scrap HMS 1&2 (80:20 mix) US material import, cfr main port Taiwan price assessment, as part of its annual methodology review process.

Fastmarkets is inviting feedback from the industry on the pricing methodologies for its index for steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey (MB-STE-0416), and its index for steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey (MB-STE-0417), as part of its annual methodology review process.