Metal Bulletin is part of Fastmarkets

Information came to light that mill buying offers had been adjusted for July following Fastmarkets’ settlement of these prices on that date, leading to an incorrect published assessment for the following grades: MB-STE-0789 Steel scrap No1 heavy melting, consumer buying price, fob Montreal, Canadian $/net ton was previously published at C$245 ($179.41) per net ton, a C$10 […]

Mexico’s production and consumption of long steel fell year-on-year in May due to weakness in the country’s construction sector, but posted a month on month gain, according to the latest data from the Mexican steel chamber, CANACERO.

Charcoal-based pig iron can potentially support decarbonization strategies in the EU, despite not being widely used in the region, delegates were told at Fastmarkets’ International Iron Ore & Green Steel Summit, held June 17-19 in Barcelona.

To increase the transparency of our methodology, Fastmarkets clarifies that the quotation period of the MHP nickel payable indicator is the month of delivery, or the month M. Any data points Fastmarkets received otherwise will be normalized to the M month based on the monthly spreads of the prevailing exchange-traded Class-1 nickel reference price, or […]

This price is a part of the Fastmarkets scrap package. For more information on our North America Ferrous Scrap methodology and specifications please click here. To get in touch about access to this price assessment, please contact customer.success@fastmarkets.com.

Here are the key takeaways from market participants on US ferrous scrap metal prices, market confidence, inventory and more from our July survey.