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Delay to November ferrous scrap settlements

Fastmarkets advises that, as of Monday November 11, certain monthly North American ferrous scrap assessments are yet to settle.

November 11, 2024
By Sean Barry
Ferrous scrap North America United States

Fastmarkets typically settles these markets on or before the 10th of the month.

The markets not settled by Monday include:

• Ferrous scrap domestic consumer buying prices, Cincinnati 

The delay in assessing these markets comes amid late settlements in multiple regions across North America. 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 Sean Barry by email at pricing@fastmarkets.com. Please add the subject heading: “FAO: Sean Barry, re: scrap prices.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

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

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