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Price notice: Montreal consumer turnings

Mar 16, 2019 | 07:47 PM |

Tags  price notice, Montreal, ferrous scrap, machine shop turnings


Fastmarkets AMM is proposing to add a footnote to the machine shop turnings price, effective with April scrap settlements, to recognize that the Montreal consumer buying price uses a special, single source steel turning.

Market sources have expressed interest in a formal recognition that the Montreal consumer turning is a premium grade. The 30-day consultation period for this proposal will run from February 27 to March 28; an update to this notice will be published on the end date.

To provide feedback on this proposal or if you would like to provide price information by becoming a data submitter for these prices, please contact Lisa Gordon by emailing pricing@fastmarkets.com. Please add the subject heading FAO: Lisa Gordon re: Montreal consumer machine shop turnings prices.

To see all of Fastmarkets AMM's pricing methodology and specification documents, click here.


 

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