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Price notice: Pittsburgh turnings update 2

Mar 16, 2019 | 04:20 PM |


Fastmarkets AMM has realigned its Pittsburgh machine shop turnings price effective with the March settlement because a local mill added the grade to its melt program. 

The added liquidity has given Fastmarkets AMM additional data points on which to base its monthly assessment. The proposal was first published on January 22.

The March price of $190 per gross ton for Pittsburgh machine shop turnings represents a $65-per-gross-ton, non-market adjustment and a zero move in the monthly trend compared with February.

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

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



 

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