Houston ferrous scrap consumer trend notice February 2023

Following the discontinuation of its monthly consumer buying trend for Houston ferrous scrap, Fastmarkets will publish a notice detailing month-on-month market changes to consumer buying prices for that market up to and including the March 2023 settlement.

Fastmarkets transitioned Houston ferrous scrap prices to consumer buying from dealer selling in January 2023 after a 60-day consultation period and the publication of fourth months of preliminary pricing from September-December 2022. The original consultation notice and subsequent notification of the change were published in June and August 2022, respectively.

The consumer trend notice for January 2023 can be found here.

For more information or to provide feedback on this notice, or if you would like to provide price information by becoming a data submitter for these prices, 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

What to read next
Fastmarkets will launch its new suite of US black mass payable indicators on Wednesday August 7, following a one-month consultation period.
The opening line of the rationale incorrectly listed the price range as $6.60-6.80 per lb. This has been corrected to $6.40-6.60 per lb. The published price is unaffected by this change. This price is part of the Fastmarkets minor metals package. For more information or to provide feedback on this correction notice or if you […]
Fastmarkets has corrected its crush margins US soy, $c/bu, which was published incorrectly on July 19.
Fastmarkets proposes to amend its MB-NI-0246 nickel sulfate, cif Japan and Korea, $/tonne price and MB-NI-0247 nickel sulfate premium, cif Japan and Korea, $/tonne from a single price to a range.
Fastmarkets’ pricing database has been updated. The steel billet index export, fob Black Sea, CIS price was published at $496 per tonne on July 19. This price is part of the Fastmarkets steel price package. For more information or to provide feedback on the delayed publication of this price or if you would like to provide price […]
Fastmarkets (Random Lengths) plans to formally launch the industry’s first daily price assessment for Southern Yellow Pine #2 2x4 (eastside) on Thursday 8 August along with more than a year of pricing history.