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.

Our monthly US steel scrap price outlook helps you to make sense of critical indicators impacting price movements, allowing you to forecast scrap prices one month ahead

The US domestic ferrous scrap trade has kicked off with higher offers across the board, but market participants indicated that negotiations have turned rocky in some regions, with some sellers holding out for bigger increases

Fastmarkets has decided to discontinue its steel scrap machine shop turnings, consumer buying price trend, delivered mill Seattle/Portland, $ per gross ton due to a lack of liquidity.

Fastmarkets has decided to discontinue three foundry grade price assessments included in its Detroit consumer buying price series due to a lack of liquidity.

Oman-based long products steelmaker Jindal Shadeed Iron & Steel Oman plans to invest more than $3 billion to build a green steel plant in Oman, the company said on Sunday December 4

The domestic US ferrous scrap market has been slow to develop, with resilient sellers holding out for better offers

Fastmarkets has corrected its price indices for US- and Northern Europe-origin steel scrap, CFR Turkey, which were published incorrectly on Thursday December 1 due to a technical error.

Fastmarkets has corrected the average calculation of its prime scrap prices in Pittsburgh.