Become a customer

Suspended pricing for Cleveland turnings

Fastmarkets has temporarily suspended pricing for ferrous scrap turnings in the Cleveland market effective Wednesday June 1 due to the absence of local buyers.

June 1, 2022
By Sean Barry
Ferrous scrap Pricing notice

Once local sales restart, Fastmarkets will resume the price and issue a notice announcing that it is being assessed again.

The specifications for the affected price are as follows:

MB-STE-0309 Steel scrap machine shop turnings, consumer buying price, delivered mill Cleveland
Quality: Clean steel or wrought iron turnings, free of iron borings, nonferrous metals in a free state, scale, or excessive oil. May not include badly rusted or corroded stock.
Location: Delivered mill, Cleveland
Unit: USD per gross ton
Publication: Monthly, typically before the 10th
Notes: ISRI Code: 219

Fastmarkets’ Price Tracker and database have been updated to reflect this change.

For more information or to provide feedback on this notice, or if you would like to provide price information by becoming a data submitter for the price, please contact Sean Barry by email at pricing@fastmarkets.com. Please add the subject heading: FAO: Sean Barry, re: Cleveland turnings.

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

What to read next
Amendment to frequency and timing window of US low-carbon aluminium differentials: pricing notice
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 […]
December 23, 2024
 · 
By Yasemin Esmen
Launch of US and Mexico Boxboard Prices: Pricing Notice
Fastmarkets determined today that it will launch two new boxboard packaging prices focused on the marketplace in Mexico.
December 20, 2024
 · 
By the Fastmarkets team
Open consultation on methodology for Log Lines (LL) and Woodfiber and Biomass Markets (WBM) – Final decision
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.
December 20, 2024
 · 
By the Fastmarkets team
Proposal to increase the frequency of two copper concentrates index coefficients
Fastmarkets proposes to increase the frequency of two copper concentrates index coefficients - MB-CU-0422 copper concentrates counterparty spread and MB-CU-0423 copper concentrates Co-VIU - from a monthly basis to fortnightly.
December 20, 2024
 · 
By Sally Zhang
Amendment to holiday pricing schedule for five Middle East-related steel and metallics prices
Fastmarkets is amending its holiday pricing schedule for five Middle East-related steel and metallics prices this December.
December 20, 2024
 · 
By Janie Davies
Proposal to launch Coated ivory board, Chinese exports to Southeast Asia FOB assessment: pricing notice
Fastmarkets proposes to launch the price assessment for Coated ivory board, 250g/m2, Chinese exports to Southeast Asia FOB, $/tonne.
December 18, 2024
 · 
By the Fastmarkets team