AMM.com
Copying and distributing are prohibited without permission of the publisher

Price notice: Hou./St. Louis turnings clarified

Aug 12, 2019 | 02:30 PM | New York | Mei Ling Toh


Fastmarkets’ price for steel scrap machine shop turnings, dealer selling price, fob dealer yard Houston, $/gross ton, was assessed at $25 per gross ton on Thursday August 8, in line with the monthly price trend for this scrap grade.

The August assessment for steel turnings in Houston does not account for the $18-per-gross-ton shortfall that occurred when this price declined by $30 per gross ton from an assessed price of $12 per gross ton in June.

Similarly, Fastmarkets’ price for steel scrap machine shop turnings, dealer selling price, fob dealer yard St. Louis, $/gross ton, was assessed at $30 per gross ton on Wednesday August 7, in line with the monthly price trend for this scrap grade.

The August assessment for steel turnings in St. Louis does not account for the $5-per-gross-ton shortfall that occurred when this price declined by $30 per gross ton from an assessed price of $25 per gross ton in June.

To provide feedback on these prices, or if you would like to provide price information by becoming a data submitter to these assessments, please contact Mei Ling Toh at mei.toh@fastmarkets.com. Please add the subject heading FAO: Mei Ling Toh re: Houston/St. Louis turnings clarification.

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