Correction to stainless steel scrap 409 bundles, solids, consumer buying price, delivered mill Pittsburgh

Please note Fastmarkets has corrected its MB-STS-0258 - Stainless steel scrap 409 bundles, solids, consumer buying price, delivered mill Pittsburgh, US cents/lb, which was published incorrectly on Monday September 11.

The price was incorrectly assessed at 0.0893 cents per lb at the low end of the range. This has been corrected on Friday September 15 to 8.93 cents per lb.

MB-STS-0258 – Stainless steel scrap 409 bundles, solids, consumer buying price, delivered mill Pittsburgh, US cents/lb is now correctly assessed at 8.93-10.27 cents per lb, as opposed to 0.0893-10.27 cents per lb. Fastmarkets’ pricing database have been updated to reflect this change.

This price is a part of the Fastmarkets scrap package.

For more information or to provide feedback on this correction notice or if you would like to provide price information by becoming a data submitter to this price, please contact Amy Hinton by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Amy Hinton, re: Pittsburgh 409 bundles” Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

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

What to read next
On September 25, the discontinuation was postponed from the originally scheduled final publication to take into account the needs of market participants that still had physical contracts linked to the lithium contract assessments in place. The affected prices are:• MB-LI-0031Lithium hydroxide monohydrate LiOH.H2O 56.5% LiOH min, battery grade, contract price cif China, Japan & Korea• MB-LI-0027Lithium carbonate 99.5% Li2CO3 min, battery […]
Fastmarkets will not publish any price assessments for US animal fats and oils; animal proteins; biomass-based diesel; hide and leather; grain and feed ingredients; organic/non-GMO; and vegetable oils, on Wednesday December 25.
The publication of Fastmarkets’ Shanghai copper premiums on Monday December 23 were delayed because of a reporter error. Fastmarkets’ pricing database has been updated.
The first amendment decreases the differentials’ publishing frequency to once monthly from once weekly. Both differentials will be next assessed on January 3, 2025, and on the first Friday of each month thereafter. The monthly frequency matches Fastmarkets’ low-carbon aluminium differentials in other regions and better reflects current market liquidity. No feedback was received during […]
Fastmarkets determined today that it will launch two new boxboard packaging prices focused on the marketplace in Mexico.
Fastmarkets invited feedback from the industry on the pricing methodologies for Log Lines and Woodfiber & Biomass Markets as part of its announced annual methodology review process.