Fastmarkets is proposing a realignment of its consumer buying prices for No1 bundles and No1 busheling scrap in Alabama, effective from the September 2022 monthly settlement.

Fastmarkets has corrected its consumer buying price for cut structural/plate 3’max, delivered mill Philadelphia, following an input error during the monthly domestic ferrous scrap trade in May.

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Following a consultation period and market feedback, Fastmarkets has realigned its consumer buying prices for No1 bundles and No1 busheling scrap in Detroit, effective from the August 2022 monthly settlement.