Houston ferrous scrap consumer transition April 2023: pricing notice

Following the transition of its Houston ferrous scrap prices to consumer buying from dealer selling in January, Fastmarkets has published a monthly post-settlement notice detailing month-on-month market changes.

The decision has been made to continue publishing the notice for that market up to and including the June 2023 settlement, at which point it will be reviewed.

The original consultation notice and subsequent notification of the change were published in June and August 2022, respectively.


The notice for March can be found here.

To request more information, provide feedback on this notice, or provide price information and data, please contact Amy Hinton by email at pricing@fastmarkets.com. Please add the subject heading: “FAO: Amy Hinton, Re: Houston ferrous scrap market transition.”

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

What to read next
Fastmarkets has amended the holiday pricing schedule for the aluminium P1020A, fob Indonesia premium assessment, with the changes taking effect from Tuesday July 7.
Fastmarkets will publish the following eight China containerboard price assessments on Thursday December 31, 2026 at 2pm Beijing time due to the New Year’s Day holiday on Friday January 1, 2027.
Fastmarkets' assessments for 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 were 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.