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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, Alabama• Ferrous scrap domestic consumer buying prices, Arkansas• Ferrous scrap domestic consumer buying prices, Cincinnati• Ferrous scrap domestic consumer buying prices, Houston• Ferrous scrap domestic consumer buying prices, North Carolina• Ferrous scrap domestic consumer buying prices, South Carolina• Ferrous scrap domestic consumer buying prices, Philadelphia• Ferrous scrap domestic dealer selling prices, Atlanta• Ferrous scrap domestic dealer selling prices, St Louis• Ferrous scrap domestic consumer buying prices, Hamilton, Ontario• Ferrous scrap domestic consumer buying prices, Montreal
The delay in settling these markets comes amid the late breaking of September’s ferrous trade following the Labor Day holiday on September 4 in the United States. 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.