Get started

Decision to discontinue Seattle/Portland turnings price assessment

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.

December 5, 2022
Ferrous scrap Pricing notice

Manufacturing activity in the region has decreased significantly, meaning few turnings are generated and sold to consumers.

Price to be discontinued:
MB-STE-0411
Assessment: Machine shop turnings
Quality: Clean steel or wrought iron turnings, free of iron borings, nonferrous metals in a free state, scale, or excessive oil. May not include badly rusted or corroded stock.
Location: Delivered mill, US/Canada, specified city
Unit: USD per gross ton (Canadian cities in Canadian currency/net tons)
Publication: Monthly, typically before the 10th
Notes: ISRI Code: 219

The consultation period for this price discontinuation began on Monday November 7 and ended on Monday December 5, with changes taking place from Tuesday December 6.

To provide feedback on the proposal to discontinue these converted price assessments, please contact Thorsten Schier by email at pricing@fastmarkets.com. Please add the subject heading “FAO: Thorsten Schier, re: Seattle/Portland turnings.”

To see all Fastmarkets’ pricing methodology and specification documents, go to https://www.fastmarkets.com/about-us/methodology.

What to read next
Correction to rationale of manganese ore semi carbonate index, 36.5% Mn, fob Port Elizabeth
Fastmarkets has corrected the rationale for its MB-MNO-0002 manganese ore semi carbonate index, 36.5% Mn, fob Port Elizabeth, which was published incorrectly on Friday June 5 due to incorrect source data.
June 9, 2026
 · 
By Fastmarkets pricing team
Final decision on open consultation on annual methodology review for PIX Packaging Europe Indices
Fastmarkets invited feedback from the industry on the pricing methodology for PIX Packaging Europe indices via an open consultation process between May 7 and June 8, 2026. This consultation was done as part of our published annual methodology review process.
June 9, 2026
 · 
By Fastmarkets pricing team
Correction to manganese ore semi carbonate index, 36.5% Mn, cif Tianjin
The MB-MNO-0003 Manganese ore semi carbonate index, 36.5% Mn, cif Tianjin, $ per dmtu was published in error as $4.75 per dry metric tonne unit. It has been corrected to $4.74 per dmtu. The rationale for the same index on the same date was also updated to reflect this change. It erroneously stated that “Fastmarkets’ manganese ore semi-carbonate […]
June 8, 2026
 · 
By Fastmarkets pricing team
Delayed publication of ferro-molybdenum, molybdic oxide prices
The publication of Fastmarkets’ price assessments for MB-FEO-0004 molybdenum, MB drummed molybdic oxide Mo, in-whs Busan; for MB-FEO-0003 molybdenum, drummed molybdic oxide, 57% Mo min, in-whs Rotterdam; and for MB-FEO-0001 ferro-molybdenum, 65% Mo min, in-whs Rotterdam, was delayed on Monday June 8 owing to slow data processing.
June 8, 2026
 · 
By Fastmarkets pricing team
Correction to rationale of Nickel sulfate premium, cif Japan and Korea
Fastmarkets has corrected the rationale for its MB-NI-0247 Nickel sulfate premium, cif Japan and Korea, which was published incorrectly on Friday June 5 due to a reporter error.
June 8, 2026
 · 
By Fastmarkets pricing team
Fastmarkets to launch eight price assessments for tissue jumbo/parent rolls in North America: pricing notice
The eight assessments will cover the United States for tissue jumbo/parent rolls made from wood pulp and recycled pulp for both retail and away-from-home markets. The new prices will replace the price estimates currently published in Fastmarkets’ US Tissue Monthly Data report and will be a part of the Fastmarkets tissue package. The new prices will […]
June 5, 2026
 · 
By Fastmarkets pricing team