Delay in July ferrous scrap settlements

Fastmarkets advises that some monthly regional ferrous scrap markets have not settled for July. Fastmarkets typically settles these markets on or before the 10th of each month.

The markets not settled by Monday July 10 include:

• Ferrous scrap domestic consumer buying prices, Hamilton, Ontario
• Ferrous scrap domestic consumer buying prices, Montreal
Negotiations continue, and Fastmarkets will ensure the outstanding markets are settled as soon as the requisite information is made available.

To provide feedback on this notice, please contact Amy Hinton by email at pricing@fastmarkets.com. Please add the subject heading: “FAO: Amy Hinton, re: scrap prices.”

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

What to read next
The publication of Fastmarkets’ MB-AS-0001 Arsenic 99% min As, in-whs Rotterdam, $/lb, MB-RE-0001 Rhenium APR catalytic grade, in-whs dup Rotterdam, $/kg Re, MB-RE-0002 Rhenium metal pellets 99.9% Re min, in-whs dup, Rotterdam $/lb and MB-HF-0001 Hafnium, max 1% Zr, in-whs global locations, $/kg assessments was incorrectly published because of a reporter error.
Fastmarkets is proposing to change the price formation process of 26 global tube and pipe prices to calculations from assessments, effective September 9, 2026.
The publication of Fastmarkets' spot CIF CJK assessments for lithium carbonate min 99.5% Li2CO3 min, battery grade; lithium hydroxide monohydrate LiOH.H2O 56.5% LiOH min, battery grade; and battery grade lithium hydroxide monohydrate, midpoint transitional spread for Thursday July 2 was delayed because of reporter error. Fastmarkets' pricing database has been updated.
Fastmarkets has corrected its FP-PP-0002 polypropylene polymer, fiber grade, free delivered Europe, €/kg assessment, which was published incorrectly on July 1 due to a typo.
Fastmarkets has corrected its assessment for AG-CRN-0077 Corn FOB US PNW $/mt, published incorrectly on June 24 due to a procedural error.
Fastmarkets has launched a new iron ore blast-furnace (BF)-pellet quarterly contract premium and a monthly premium indicator for the European market, effective July 1, 2026.