Houston ferrous scrap consumer trend June 2023

Fastmarkets is inviting feedback on its publication of the consumer buying trend for Houston ferrous scrap prices following that market’s transition away from dealer selling in January 2023.

Fastmarkets has published a monthly post-settlement notice detailing month on month market changes in the interim period, which is due to be discontinued after the month of June.

The original consultation notice and subsequent notification of the change were published in June and August 2022, respectively.

The trend for May can be found here.

To request more information, provide feedback on this notice, or provide price information and data, please contact Amy Hinton by email at pricing@fastmarkets.com. Please add the subject heading: “FAO: Amy Hinton, Re: Houston ferrous scrap market transition.”

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

What to read next
Fastmarkets launched AG-WHE-0058 Wheat 10.5% fob US Gulf SRW wheat $/mt on January 6, 2025.
Fastmarkets has corrected several ferrous metal weekly averages, which were published incorrectly on December 28.
Fastmarkets has corrected its MB-CO-0005 cobalt standard grade in-whs Rotterdam price assessment, which was published incorrectly on Monday January 13, 2025, due to a reporter error.
The publication of Fastmarkets’ Ukrainian sunoil and sunmeal, and Russian sunoil assessments between January 2, 2020 and March 11, 2022 were delayed because of a technical issue.
Fastmarkets’ decision follows a one-month consultation to discontinue its China domestic wire rod price because of small transaction volumes and because it is not a major price benchmark or key reference. The consultation received no feedback. The affected price is:MB-STE-0164 Steel wire rod (mesh quality) domestic, ex-whs Eastern China, yuan/tonneFastmarkets will keep its weekly price […]
Fastmarkets published its MB-STE-0232 Steel scrap No1 busheling, consumer buying price, delivered mill Chicago, $/gross ton on Friday January 10, 2025.