Houston ferrous scrap consumer trend May 2023

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 April 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/methodology.

What to read next
Fastmarkets has corrected its MB-ALU-0018 alumina index inferred, fob India, $/tonne; MB-ALU-0019 alumina index inferred, fob Indonesia, $/tonne; and MB-ALU-0020 alumina index inferred, fob Vietnam, $/tonne, which were published incorrectly from September 2 to September 9.
The publication of Fastmarkets’ aluminium billet North Europe assessments for Friday September 6 was delayed because of reporter error. Fastmarkets’ pricing database has been updated.
Fastmarkets has corrected its MB-MNO-0005 manganese ore high grade port index, fot Tianjin, China, which was published incorrectly on Friday September 6.
The publication of Fastmarkets’ manganese ore seaborne indices for Friday September 6 was delayed due to a technical error. Fastmarkets’ pricing database has been updated.
Fastmarkets has corrected its price assessment for MB-GER-0001 germanium dioxide, in-whs China, $ per kg, which was published incorrectly on Friday September 6.
The publication of MB-STS-0012 UK domestic 5C steel scrap prices for Friday September 6 was delayed because of a reporter error. Fastmarkets’ pricing database has been updated.