The name of the index will be modified to steel scrap, sheared HMS 1&2 (80:20 mix), index, domestic, delivered UAE. This will clarify that the index covers sheared HMS 1&2 and not unprocessed HMS 1&2 material, which is also available in the market. The change to the name of the price will not affect historical […]

Market participants are reporting significant disruption in shipping containers of metal scrap

The consultation, which is open until Monday April 14, seeks to ensure that our audited methodologies and price specifications continue to reflect the physical markets for steel scrap, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications […]

Fastmarkets’ publication of the MB-STE-0232 Steel scrap No1 busheling, consumer buying price, delivered mill Chicago, $/gross ton is delayed by late settlement as of Tuesday March 11.

Fastmarkets typically settles these markets on or before the 10th of the month, but will be delaying publication due to delays in settlements. The markets not settled by Tuesday include: To provide feedback on this notice, please contact Amy Hinton by email at pricing@fastmarkets.com. Please add the subject heading: “FAO: Amy Hinton, re: scrap prices.” Please […]

The decision to amend the date of publication follows overwhelmingly positive feedback during the 30-day consultation period, which began on February 7 and ended on March 7, 2025. Previously, the five stainless scrap price assessments were settled on the 10th of each calendar month in line with the publication deadline for the US ferrous scrap settlement, […]

This price is part of the Fastmarkets Scrap package. For more information on Fastmarkets North America Ferrous Scrap methodology and specifications please click here. To get in touch about access to this price assessment, please contact customer.success@fastmarkets.com.

Fastmarkets typically settles these markets on or before the 10th of the month, but will be delaying publication due to delays in settlements. The markets not settled by Monday include: To provide feedback on this notice, please contact Amy Hinton by email at pricing@fastmarkets.com. Please add the subject heading: “FAO: Amy Hinton, re: scrap prices.” Please […]

Fastmarkets has corrected its MB-STE-0149 steel scrap heavy scrap domestic, delivered mill China, which was published incorrectly on Friday March 7.

Here are the key takeaways from market participants on US ferrous scrap metal prices, market confidence, inventory and more from our January survey.