On Friday November 8, 2024, Fastmarkets published MB-STE-0232 Steel scrap No1 busheling, consumer buying price, delivered mill Chicago, $/gross ton.

European scrap consuming electric arc furnace output is rising, with demand for higher grade scraps to produce flat steel expected to grow. Fastmarkets has launched prime grade scrap forecasts to capture this

Demand for ferrous scrap in Asia has been rising, with the region becoming a leading importer of scrap globally. Fastmarkets is expanding its forecasts in the region to cover this trend

Fastmarkets has corrected its MB-CU-0302 copper scrap No1 copper, buying price, delivered to brass mill US, US cents/lb, which was published incorrectly on Tuesday April 9.

Fastmarkets proposes to amend the publication time of its Bangladesh steel scrap import price assessments to 4pm UK time from 5-6pm Singapore time currently.

The publication of Fastmarkets’ price assessments of both aluminium scrap LM24 pressure diecasting ingot and aluminium scrap LM6/LM25 gravity diecasting ingot, delivered consumer UK, as well as other UK aluminium scrap grades for Wednesday November 1 were delayed due to a reporter error. Fastmarkets’ pricing database has been updated.

The domestic US ferrous scrap market has been slow to develop, with resilient sellers holding out for better offers

While demand for stainless scrap remains very weak in the United States, scrap prices for the 300-series grades jumped this week on continued tight supply and a spike in London Metal Exchange nickel prices, with the nickel cash contract at its highest since May

Fastmarkets experts share a unique visual snapshot of the ever-changing global scrap markets in 8 scrap metal price charts