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Fastmarkets AMM is proposing to discontinue its export yard purchasing expenses in San Francisco as well as some ferrous scrap consumer buying expenditures in Cleveland, Pittsburgh and Chicago due to a lack of liquidity.

The 60-day session starts on Tuesday September 3 and ends on Monday November 4. An replace to this be aware should be published on Tuesday November 5.

below the notion, these costs would continue to be assessed via December 31 forward of a delisting on January 1.

the following scrap grades are proposed for discontinuation: 

CLEVELAND  assessment: Foundry metal, 2’ max high-quality: metal scrap 1/8 inch and over in thickness, no longer over 2 feet in size or 18 inches in width. particular person items free from attachments. may additionally now not encompass nonferrous metals, solid or malleable iron, cable, vitreous enameled, or metal lined fabric. area: Delivered mill, Cleveland Unit: USD per gross ton book: month-to-month, typically earlier than the 10th ISRI Code: 242

evaluation: Cupola solid satisfactory: clear cast iron scrap corresponding to columns, pipes, plates, and castings of a miscellaneous nature, together with automobile blocks and cast iron materials of agricultural and other equipment. Free from range plate, burnt iron, brake footwear or international material. Cupola size, not over 24 inches x 30 inches, and no piece over one hundred fifty kilos in weight. region: Delivered mill, Cleveland Unit: USD per gross ton e-book: month-to-month, usually earlier than the 10th ISRI Code: 252

evaluation: clear Auto cast satisfactory: clean auto blocks; freed from all metal elements except camshafts, valves, valve springs and studs. freed from non-ferrous and non-metallic elements. area: Delivered mill, Cleveland Unit: USD per gross ton ebook: monthly, customarily before the 10th ISRI Code: 259

evaluation: Unstripped motor blocks  first-class: car or truck motors from which metal and non-ferrous fittings may additionally or may also now not had been eliminated. Free from driveshafts and all constituents of frames. location: Delivered mill, Cleveland Unit: USD per gross ton publication: month-to-month, usually earlier than the 10th ISRI Code: 260

evaluation: Heavy breakable cast first-rate: forged iron scrap over charging container dimension or weighing greater than 500 pounds. might also include cylinders and using wheel facilities. can also include metal which doesn't exceed 10% of the casting by weight. region: Delivered mill, Cleveland Unit: USD per gross ton booklet: month-to-month, customarily earlier than the 10th ISRI Code: 254

evaluation: Drop damaged equipment solid great: clean heavy cast iron machinery scrap that has been damaged beneath a drop. All items have to be of cupola dimension, no longer over 24 inches x 30 inches, and no piece over one hundred fifty kilos in weight. place: Delivered mill, Cleveland Unit: USD per gross ton book: month-to-month, typically earlier than the 10th ISRI Code: 261

evaluation: Rail crops, 2’ max satisfactory: standard area, long-established weight of fifty kilos per yard and over, 18 inches lengthy and under. region: Delivered mill, Cleveland Unit: USD per gross ton ebook: monthly, usually earlier than the tenth ISRI Code: 28A

assessment: metal car wheels fine: cast iron vehicle wheels region: Delivered mill, Cleveland Unit: USD per gross ton publication: month-to-month, usually earlier than the tenth ISRI Code: forty

PITTSBURGHAssessment: Foundry steel, 2’ max excellent: metal scrap 1/eight inch and over in thickness, now not over 2 feet in size or 18 inches in width. individual items free from attachments. might also no longer encompass nonferrous metals, cast or malleable iron, cable, vitreous enameled, or steel covered material. location: Delivered mill, Pittsburgh Unit: USD per gross ton book: month-to-month, usually earlier than the tenth ISRI Code: 242

assessment: Cupola solid pleasant: clear cast iron scrap similar to columns, pipes, plates, and castings of a miscellaneous nature, including vehicle blocks and forged iron ingredients of agricultural and other machinery. Free from stove plate, burnt iron, brake shoes or international cloth. Cupola measurement, now not over 24 inches x 30 inches, and no piece over one hundred fifty kilos in weight. area: Delivered mill, Pittsburgh Unit: USD per gross ton e-book: month-to-month, customarily earlier than the 10th ISRI Code: 252 evaluation: clean Auto forged nice: clean auto blocks; freed from all metal elements apart from camshafts, valves, valve springs and studs. freed from non-ferrous and non-metal ingredients. vicinity: Delivered mill, Pittsburgh Unit: USD per gross ton book: monthly, typically before the tenth ISRI Code: 259

assessment: Unstripped motor blocks  first-class: automobile or truck motors from which metal and non-ferrous fittings may also or may additionally not have been eliminated. Free from driveshafts and all ingredients of frames. location: Delivered mill, Pittsburgh Unit: USD per gross ton ebook: monthly, typically earlier than the 10th ISRI Code: 260

evaluation: Heavy breakable forged first-class: forged iron scrap over charging container measurement or weighing more than 500 pounds. may additionally encompass cylinders and riding wheel facilities. might also encompass metal which does not exceed 10% of the casting via weight. area: Delivered mill, Pittsburgh Unit: USD per gross ton book: month-to-month, typically before the 10th ISRI Code: 254 assessment: Rail crops, 2’ max first-rate: typical area, common weight of fifty kilos per yard and over, 18 inches long and beneath. location: Delivered mill, Pittsburgh Unit: USD per gross ton book: monthly, customarily before the tenth ISRI Code: 28A

assessment: Random rails best: usual area tee, girder, and/or look after rails, to be free from frog and swap rails not reduce aside, and contain no manganese, cast, welds or attachments of any variety except attitude bars. Free from concrete, dirt and international cloth of any kind. place: Delivered mill, Pittsburgh Unit: USD per gross ton ebook: monthly, usually before the tenth ISRI Code: 29

CHICAGOAssessment: Random rails excellent: commonplace part tee, girder, and/or guard rails, to be free from frog and switch rails not reduce aside, and include no manganese, solid, welds or attachments of any kind apart from attitude bars. Free from concrete, filth and overseas cloth of any type. location: Delivered mill, Chicago Unit: USD per gross ton publication: month-to-month, usually earlier than the tenth ISRI Code: 29

evaluation: Re-rolling rails first-class: ordinary part tee rails, original weight 50 pounds per yard or heavier, 10 ft long and over. suitable for rerolling into bars and shapes. Free from bent and twisted rails, frog, swap, and take care of rails, or rails with break up heads and damaged flanges. continual welded rail may be covered supplied no weld is over 9 inches from the end of the piece of rail. location: Delivered, Chicago Unit: USD per gross ton book: monthly, typically earlier than the tenth ISRI Code: 27 SAN FRANCISCO

evaluation: No1 heavy soften best: Wrought iron and/or steel scrap ¼ inch and over in thickness. individual items not over 60 inches x 24 inches (charging container measurement) organized in a way to insure compact charging.  vicinity: Delivered yard, San Francisco. fees that an export broking, broker or processor can pay for items dropped at their yard. Unit: USD per gross ton  e-book: Weekly  ISRI Code: 200

assessment: No2 bundles first-class: historic black and galvanized metal sheet scrap, hydraulically compressed to charging container measurement and weighing no less than seventy five kilos per cubic foot. may additionally no longer consist of tin or lead-coated fabric or vitreous enameled cloth.  location: Delivered yard, San Francisco. prices that an export broking, broker or processor will pay for gadgets dropped at their yard. Unit: USD per gross ton  booklet:  Weekly ISRI Code: 209 evaluation: No1 busheling  exceptional: clean metal scrap, no longer exceeding 12 inches in any dimensions, including new manufacturing unit busheling (as an instance, sheet clippings, stampings, and so on). may additionally now not consist of historical auto physique and fender stock. freed from metal coated, limed, vitreous enameled and electrical sheet containing over silicon. location: Delivered yard, San Francisco. fees that an export broker, broker or processor pays for items brought to their yard. Unit: USD per gross ton  ebook: Weekly  ISRI Code: 207

evaluation: computing device shop turnings  high-quality: clean steel or wrought iron turnings, free of iron borings, non-ferrous metals in a free state, scale or extreme oil. may additionally now not encompass badly rusted or corroded stock.  location: Delivered yard, San Francisco. expenses that an export dealer, broking service or processor will pay for gadgets delivered to their yard. Unit: USD per gross ton  ebook: Weekly ISRI Code: 219

evaluation: combined cast nice: may also consist of all grades of cast iron apart from burnt iron. Dimensions not over 24 inches x 30 inches and no piece over one hundred fifty pounds in weight.  place: Delivered yard, San Francisco. expenditures that an export broker, broking service or processor can pay for objects brought to their yard. Unit: USD per gross ton  e-book: Weekly  ISRI Code: 257

assessment: Unstripped motor blocks  first-class: automobile or truck motors from which steel and non-ferrous fittings may additionally or may also no longer were removed. Free from driveshafts and all frames. region: Delivered yard, San Francisco. costs that an export broker, broker or processor can pay for items delivered to their yard. Unit: USD per gross ton  e-book: Weekly  ISRI Code: 260 evaluation: Auto bodies first-rate: Constitutes auto bodies  vicinity: Delivered yard, San Francisco. fees that an export dealer, broking service or processor will pay for gadgets delivered to their yard. Unit: USD per gross ton  ebook: Weekly

assessment: reduce structural/plate, 5’ max satisfactory: cut structural and plate scrap, 5 ft and beneath. clear open fire steel plates, structural shapes, crop ends, shearings or broken steel tires. Dimensions at the least ¼ inch thickness, now not over 5 toes in length and 18 inches in width. Phosphorus or sulfur now not over %.  area: Delivered yard, San Francisco. costs that an export dealer, broking service or processor pays for gadgets dropped at their yard. Unit: USD per gross ton  publication: Weekly ISRI Code: 231

To provide remarks on these prices, or if you want to give cost information by fitting a data submitter to the ferrous scrap assessments, please contact Sean Barry at Please add the field heading FAO: Sean Barry re: Cleveland, Pittsburgh, Chicago and San Francisco.

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

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