Delay to US domestic ferrous scrap settlement for September

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

The prices not settled by Saturday September 10 include:

• Ferrous scrap dealer selling prices, Houston
• Ferrous scrap consumer buying prices, Houston
• Ferrous scrap consumer buying trend, Houston
• Ferrous scrap domestic consumer buying prices, Hamilton, Ontario
• Ferrous scrap domestic consumer buying prices, Montreal

The delay in settling these markets comes because buyers and sellers were unable to agree prices within the traditional timeframe. Negotiations continue and Fastmarkets will ensure these remaining markets are settled as soon as the 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.

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’ European steel beams and sections assessments for Wednesday April 15 was delayed due to a reporter error. Fastmarkets’ pricing database has been updated.
Fastmarkets has launched a suite broker/processor and ex-works prices to service the domestic and export Mexican stainless steel scrap markets respectively.
Fastmarkets has decided to make changes and clarifications to its methodologies for nickel cobalt manganese (NCM) black mass price assessments, including name changes, to bring them into closer alignment with current spot market specifications.
The decision follows a one-month consultation period, which ended on April 6. Please note that Fastmarkets will increase the publication frequency to weekly from what was originally proposed. This frequency change is in line with feedback received during the proposal phase. This frequency change follows changes in Brazil’s import environment, including the introduction of anti-dumping measures […]
Fastmarkets is proposing to launch new price series for its benchmark European PIX Pulp gross prices and North American effective list pulp prices from June 1, 2026. The new prices would run concurrently alongside existing prices for one year before the existing prices with higher discount levels are discontinued on June 1, 2027.
The rationale for MB-FEN-0003 Ferro-nickel premium/discount, 26-32% Ni contained, cif China, had erroneously stated that the price was assessed on Monday April 12. This has been corrected to Monday April 13. The published price is unaffected by this change. This price is a part of the Fastmarkets ores and alloys package. For more information or to […]