Get started

Proposal to discontinue Seattle/Portland turnings price assessment

Fastmarkets proposes to discontinue its steel scrap machine shop turnings, consumer buying price trend, delivered mill Seattle/Portland, $ per gross ton, due to a lack of liquidity.

November 7, 2022
Ferrous scrap Pricing notice

Manufacturing activity in the region has decreased significantly, meaning few turnings are generated and sold to consumers.

Price to be discontinued:
MB-STE-0411
Assessment: Machine shop turnings
Quality: Clean steel or wrought iron turnings, free of iron borings, nonferrous metals in a free state, scale, or excessive oil. May not include badly rusted or corroded stock.
Location: Delivered mill, US/Canada, specified city
Unit: USD per gross ton (Canadian cities in Canadian currency/net tons)
Publication: Monthly, typically before the 10th
Notes: ISRI Code: 219

The consultation period for this price discontinuation will begin on Monday November 7 and end on Monday December 5, with changes taking place, subject to market feedback, from Tuesday December 6.

To provide feedback on the proposal to discontinue these converted price assessments, please contact Thorsten Schier by email at pricing@fastmarkets.com. Please add the subject heading “FAO: Thorsten Schier, re: Seattle/Portland turnings.”

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

What to read next
Fastmarkets launches eight price assessments for tissue jumbo/parent rolls in North America
Fastmarkets has launched eight monthly price assessments for tissue jumbo/parent rolls in North America on Friday June 12, 2026.
June 12, 2026
 · 
By Fastmarkets pricing team
Fastmarkets clarifies tally specification for southern yellow pine #2 2×4 (eastside)
In response to growing market participation and increased use of its daily southern yellow (SYP) assessment, Fastmarkets is updating the published methodology to provide additional transparency regarding the tally formula used in the price calculation process.
June 12, 2026
 · 
By Fastmarkets pricing team
Delayed publication of European sustainable aviation fuel (SAF) cost of production assessments
The following prices were affected: AG-SAF-0004 Sustainable aviation fuel (SAF max), base cost, exw Netherlands, $ per tonne AG-SAF-0005 Sustainable aviation fuel (HVO max), base cost, exw Netherlands, $ per tonne These prices are part of the Fastmarkets aviation and biofuels, fats and oils packages. For more information, or to provide feedback on the delayed publication of […]
June 12, 2026
 · 
By Fastmarkets pricing team
Final decision on open consultation on methodology review for Asia recovered paper, Asia packaging paper and board
Fastmarkets invited feedback from the industry on the pricing methodology for Asia recovered paper and Asia packaging paper and board via an open consultation process between May 5 and June 2, 2026.
June 11, 2026
 · 
By Fastmarkets pricing team
Final decision on open consultation on annual methodology review for PIX Forest Biomass Finland Indices
Fastmarkets invited feedback from the industry on the pricing methodology for PIX Forest Biomass Finland price indices via an open consultation process between May 13 and June 10, 2026. This consultation was done as part of our published annual methodology review process.
June 11, 2026
 · 
By Fastmarkets pricing team
Pricing Notice
Correction to Eastern S-P-F 2×4 9-ft delivered Boston assessment on June 9
Fastmarkets has corrected its FP-LBR-1245 Kiln-dried eastern spruce-pine-fir stud 2x4 9-ft PET delivered Boston price, which was published incorrectly on Tuesday June 9.
June 10, 2026
 · 
By Fastmarkets pricing team