Get started

Suspended pricing for Pittsburgh turnings

Fastmarkets has temporarily suspended pricing for ferrous scrap turnings in the Pittsburgh market effective Friday May 6 due to the absence of local buyers.

May 6, 2022
By Sean Barry
Ferrous scrap Pricing notice

Once significant local sales restart, Fastmarkets will resume the price and issue a notice announcing that it is being assessed again.

The specifications for the affected price are as follows:

MB-STE-0309 Steel scrap machine shop turnings, consumer buying price, delivered mill Pittsburgh
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, Pittsburgh
Unit: USD per gross ton
Publication: Monthly, typically before the 10th
Notes: ISRI Code: 219

Fastmarkets’ Price Tracker and database have been updated to reflect this change.

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 the price, please contact Sean Barry by email at pricing@fastmarkets.com. Please add the subject heading: FAO: Sean Barry, re: Pittsburgh turnings.

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

What to read next
End of open consultation on methodology for ferro-chrome 50% Cr import, cif main Chinese ports and European high carbon ferro-chrome price assessments
Fastmarkets invited feedback from the industry on the methodology of its price assessments for ferro-chrome 50% Cr import, cif main Chinese ports, and European high carbon ferro-chrome, as part of its annual methodology review process.
May 5, 2026
 · 
By Fastmarkets pricing team
End of open consultation on methodology for ferro-tungsten basis 75% W, in-whs dup Rotterdam and tungsten APT 88.5% WO3 min cif Rotterdam and Baltimore duty-free price assessments
Fastmarkets invited feedback from the industry on the methodology of its price assessments for ferro-tungsten basis 75% W, in-whs dup Rotterdam, and tungsten APT 88.5% WO3 min cif Rotterdam and Baltimore duty-free, as part of its annual methodology review process.
May 5, 2026
 · 
By Fastmarkets pricing team
End of open consultation on methodology for ferro-molybdenum in-whs Rotterdam; molybdic oxide in-whs Rotterdam, Busan
Fastmarkets invited feedback from the industry on the methodology of its price assessments for ferro-molybdenum 65% Mo min, in-whs Rotterdam, $ per kg Mo; molybdenum drummed molybdic oxide 57% Mo min, in-whs Rotterdam, $ per lb Mo; and molybdenum MB drummed molybdic oxide Mo, in-whs Busan, $ per lb, as part of its annual methodology review process.
May 5, 2026
 · 
By Fastmarkets pricing team
Open consultation on annual methodology review for Asia recovered paper, Asia packaging paper and board: pricing notice
This consultation, which is open until June 2, 2026, seeks to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency. You can […]
May 5, 2026
 · 
By Shawn Wang
Launch of high-grade iron ore VIU indices for silica, alumina content, cfr Qingdao: pricing notice
The new indices have been introduced in response to feedback from index users requesting more pricing references for high-grade iron ore fines and their related VIU adjustments in the seaborne market, in addition to Fastmarkets’ existing coverage on mid-grade VIUs. The VIU penalties are calculated through a regression analysis that harnesses data points from Fastmarkets’ […]
May 4, 2026
 · 
By Norman Fong
Delayed publication of copper concentrates indices, coefficients
The publication of several Fastmarkets copper concentrates indices and coefficients was delayed by 18 minutes on Friday May 1 due to a procedural error.
May 1, 2026
 · 
By Fastmarkets pricing team