Ferrous scrap prices

With the growing importance of decarbonization in the steel industry, the demand for ferrous scrap is on the rise. To inform your strategy and stay ahead in this evolving landscape, it is crucial to stay updated with the latest movements in ferrous scrap prices. By keeping a close eye on the market and having access to comprehensive and transparent price data, you can effectively analyze the key factors influencing ferrous scrap price movements.

Our platform provides you with a wide range of ferrous scrap price charts, forecasts and historical data, allowing you to make well-informed purchasing decisions and efficiently manage your inventories. Stay one step ahead with our reliable and market-reflective ferrous price data to optimize your operations and maximize your business potential.

With Fastmarkets’ ferrous scrap prices, you can:

• Easily react to changes and developments that could affect your trading strategy
• Save time on purchasing decisions and plan how much material to commit to in contracts
• Predict market movements and recognize factors impacting supply-demand.

Fastmarkets’ ferrous scrap price data combines the intelligence of industry-leading brands such as Metal Bulletin, American Metal Market, Scrap Price Bulletin and Industrial Minerals.

Talk to us about our ferrous scrap price data options today.

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As the global ferrous scrap market experiences a generational shift, it makes it even harder for market participants to see what is ahead and forecast ferrous scrap price movements. Supply and demand dynamics are being impacted by the need for more sustainable materials for a low-carbon future.

The lingering effects of Covid-19 and the war in Ukraine have created unprecedented price volatility. This has placed huge pressure on contract negotiations. Business as usual is anything but ordinary and the metal markets have become almost impossible to read.

By using a price reporting agency (PRA), you can:

• Ensure that you have the prices you can use that reflect supply and demand conditions
• Provide a reference for transactions in exchange-based contracts and trades
• Give confidence to contract counterparties that the prices used are impartial
• Improve efficiency when renegotiating contracts
• Deliver instant and accessible data through an automated platform
• Ensure trusted, critical short- and mid-term forecasts in a new generation of energy markets

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