Get started

US Midwest ferrous scrap indices open consultation result

Fastmarkets invited feedback from the industry in an open consultation process between Monday April 4 and Wednesday May 4 on the pricing methodology for its US Midwest ferrous scrap indices.

May 5, 2022
By Sean Barry
Ferrous scrap Pricing consultations Pricing notice

The consultation was done as part of Fastmarkets’ annual methodology review process, in compliance with the International Organization of Securities Commissions (Iosco) principles for price reporting agencies.

Fastmarkets did not receive any feedback during the consultation period for the US Midwest ferrous scrap indices, and therefore no changes will be made to the methodology.

To provide feedback on the annual review of the Midwest ferrous scrap indices, or if you would like to provide price information by becoming a data submitter to these indices, please contact Sean Barry by email at pricing@fastmarkets.com. Please add the subject heading: FAO: Sean Barry re: annual methodology review of Fastmarkets US Midwest ferrous scrap indices.

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

What to read next
Pricing Notice
Delayed publication of rand fixing prices per tonne for LME trade
The publication of Fastmarkets' rand fixing prices per tonne for London Metal Exchange trade for Tuesday June 16, 2026 was delayed due to the unavailability of the Standard Bank $/rand conversion rate. Fastmarkets’ pricing database was updated once the rate was available.
June 17, 2026
 · 
By Fastmarkets pricing team
Decision to amend minimum tonnage specification for aluminium P1020A (MJP) spot premium, cif Japan
Fastmarkets has decided to raise the minimum tonnage in its aluminium P1020A(MJP), cif Japan, spot premium assessment to better reflect significant spot market transactions.
June 17, 2026
 · 
By Fastmarkets pricing team
Fastmarkets to amend the frequency of publication and clarification of names for four containerboard assessments in East China: pricing notice
The decision follows a one-month consultation period which ended on Monday June 15. Fastmarkets had also proposed to clarify the names of the four containerboard assessments: As part of the process of standardizing price nomenclature for forest products, their names will be as follows: The prices are part of the Fastmarkets Paper Packaging price package. To provide […]
June 17, 2026
 · 
By Fastmarkets pricing team
Fastmarkets to launch four price assessments for recycled containerboard in South China: pricing notice
The decision follows a one-month consultation period which ended on Monday June 15. South China, which includes the provinces of Guangdong, Guangxi and Fujian, accounts for 25 million tonnes of containerboard capacity annually, about a quarter of China’s total, according to Fastmarkets’ database. The region also holds around one-third of the nation’s corrugated converting capacity and […]
June 17, 2026
 · 
By Fastmarkets pricing team
Correction to US and European fluff pulp preliminary June effective list prices on June 12
Fastmarkets has corrected its FP-PLP-0016 Pulp, fluff (US southern kraft, untreated, rolls), delivered US East, $/tonne, and FP-PLP-0009 Pulp, fluff, US southern kraft untreated rolls, cif Europe, $/tonne, which were published incorrectly on Friday June 12.
June 16, 2026
 · 
By Fastmarkets pricing team
Pricing Notice
Fastmarkets proposes launch of 102 new North American delivered wood pallet prices, renaming six existing prices
Fastmarkets is proposing to change the names of six current softwood pallet prices and add 102 new softwood pallet price assessments covering the North American market, effective July 29.
June 16, 2026