Fastmarkets has corrected its consumer buying price for stainless steel scrap 430 bundles and solids, delivered mill Pittsburgh, following a calculation error for the monthly assessment in January.

Fastmarkets has corrected its consumer buying price for steel scrap no1 heavy melt, delivered mill Cleveland, following updated market information for the domestic ferrous scrap monthly trade in January.

What does 2023 have in store for the US scrap market? Find out today in our monthly US steel scrap price trends outlook

Following a 30 day consultation period, Fastmarkets has realigned its consumer buying prices for No1 busheling in North Carolina and South Carolina respectively, effective from the January 2023 settlement.

Shortages of high-grade pellet-feed iron ore concentrates and good-quality ferrous scrap such as plate and structural grades mean that direct-shipping iron ore fines are likely to remain the mainstay steelmaking raw material

Following a consultation period and market feedback, Fastmarkets has implemented a comprehensive update of its stainless steel scrap prices to bring them in line with its global price reporting agency standards.

Positive feedback has spurred Aurubis to expand its investment in the United States and examine growth opportunities globally within its core business and in new fields

Fastmarkets is proposing a realignment of its consumer buying prices for No1 busheling scrap in North Carolina and South Carolina respectively, effective from the January 2023 monthly settlement.

Fastmarkets has realigned its consumer buying price for ferrous scrap machine shop turnings in Chicago, effective from the December 2022 monthly settlement.

Fastmarkets has realigned its consumer buying price for ferrous scrap machine shop turnings in Cincinnati, effective from the December 2022 monthly settlement.