Delay to November ferrous scrap settlements

Fastmarkets advises that, as of Friday November 8, certain monthly North American ferrous scrap assessments had yet to be settled.

Fastmarkets typically settles these markets on or before the 10th of the month, but will be delaying publication due to delays in settlements.

The markets not settled by Friday include:

• Ferrous scrap domestic consumer buying prices, Hamilton, Ontario
• Ferrous scrap domestic consumer buying prices, Montreal
• Ferrous scrap domestic consumer buying prices, North Carolina
• Ferrous scrap domestic consumer buying prices, South Carolina
• Ferrous scrap domestic dealer selling prices, Atlanta
• Ferrous scrap domestic dealer selling prices, St Louis
• Ferrous scrap domestic consumer buying prices, Houston
• Ferrous scrap domestic consumer buying prices, Cincinnati
• Ferrous scrap domestic consumer buying prices, Arkansas, Tennessee
• Ferrous scrap domestic consumer buying prices, Alabama

The delay in assessing these markets comes amid late settlements in multiple regions across North America. Negotiations continue, and Fastmarkets will ensure the outstanding markets are settled as soon as the requisite information is made available.

To provide feedback on this notice, please contact Sean Barry by email at pricing@fastmarkets.com. Please add the subject heading: “FAO: Sean Barry, re: ferrous scrap prices.”

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 of Fastmarkets’ pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.

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