Price notice: Montreal ferrous scrap prices
Nov 06, 2018 | 06:47 PM
Fastmarkets AMM has switched its Montreal ferrous scrap price assessments to consumer buying prices from dealer selling prices.
These changes have been made to better reflect the movements of ferrous scrap prices in the region. Market participants have expressed interest in the intelligence attached to a delivered mill price as opposed to a broker price.
A new data set for consumer buying prices has been created in Fastmarkets’ Price Tracker. All historical data for the discontinued dealer selling prices will remain available separately.
Fastmarkets advises that the November monthly trend in the Montreal ferrous scrap market is up Canadian $20 per net ton for all grades compared to October.
If you would like to provide price information by becoming a data submitter, please contact ferrous scrap reporter Lisa Gordon at email@example.com. Please add the subject heading FAO: Lisa Gordon, re: Montreal consumer prices.
To see all of Fastmarkets’ pricing methodology and specification documents, click here.
Fastmarkets has no financial interest in the level or direction of the assessment.