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AMM non-market price adjustments notice

Keywords: Tags  Ferrous scrap, price adjustment, Detroit, Hamilton, Los Angeles, San Francisco, consumer buying prices

A review by AMM of consumer ferrous scrap buying prices for the Detroit, and Hamilton markets, and the export yard buying prices for Los Angeles and San Francisco has resulted in the change of several prices to more closely reflect the levels being paid by consumers in the respective region. These changes are unrelated to actual market price changes. Listed below are the grades impacted by the change, the new prices and the amount of the adjustments:

(click to enlarge)

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    Sep 03, 2013

    It's about time. Anybody could have seen the distortions in AMM that existed for all these years and yet you kept publishing fantasy pricing. I know you have disclaimers, but you looked foolish and lacked credibility for a long time, Ihope you will keep up the good work that you have done lately.

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