Price notice: Montreal ferrous scrap prices
Nov 26, 2018 | 01:00 PM
Fastmarkets AMM is amending its Montreal ferrous scrap price assessments to consumer buying prices from dealer selling prices effective with November settlements following positive market feedback.
These changes are being made to better reflect the movement 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 price series will be created in the pricing section of the Fastmarkets AMM website. All historical data relating to this price series prior to the amendment will remain available.
To provide feedback on this proposal, or 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 AMM's pricing methodology and specification documents, click here.
Fastmarkets AMM has no financial interest in the level or direction of the assessment.