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 will launch a new weekly price assessment for tungsten unwrought metal bar, 99.8% min W, spot price, CIF main ports Europe, US, Japan $ per kg on Friday May 29.
Fastmarkets is proposing a delayed launch of new price series for its benchmark European PIX gross pulp prices and North American effective list pulp prices to March 2027, and a simplified conversion formula, based on market feedback.
The publication of Fastmarkets’ assessments of the nickel min 99.8% full plate premium, in-whs Shanghai, and the nickel min 99.8% full plate premium, cif Shanghai for Tuesday May 26 were delayed because of a reporter error. Fastmarkets’ pricing database has been updated. The following prices were affected:MB-NI-0143 Nickel min 99.8% full plate premium, in-whs Shanghai, […]
The publication of two Fastmarkets steel scrap assessments for the Turkish market was delayed on Tuesday May 26 because of a procedural error. Fastmarkets’ pricing database has been updated.
Chrome ore inventories at the main ports of Tianjin, Qinzhou, Lianyungang and Shanghai were originally published at 5.11 million to 5.3 million tonnes on Monday. This has been corrected to 3.74 million to 4.03 million tonnes. Fastmarkets’ pricing database has been updated to reflect these changes. These inventories are part of the Fastmarkets Ores and […]
Fastmarkets will discontinue three of its US-assessed palm and lauric oil prices following an open consultation.