Ferrous Scrap Short-Term Forecasts

Understand market trends and anticipate what's ahead for the ferrous scrap market in one place

With more than 90% forecasting accuracy year-on-year, we’re bringing you a new way to stay ahead of ferrous scrap market trends. The Fastmarkets platform combines in-depth market analysis and independent monthly research, providing you with all the information you need in one place. This comprehensive resource empowers you to confidently lead price negotiations and make well-informed decisions quickly. 

With Fastmarkets Ferrous Scrap Short-Term Forecasts, your service will consist of:

  • Price forecasts alongside price history in customizable workspaces where you can quickly navigate to relevant market commentary and in-depth analysis
  • Scrap Short-Term Forecast Tracker: a PDF report containing all the information traditionally associated with our tracker service
  • Supporting Excel spreadsheet with relevant market data

Aligned to Fastmarkets benchmarks and rigorous forecasting methodology, our independent short-term forecasts provide the necessary tools to predict future trends in the heavy melting steel (HMS) #1&2, bushelling, shredded, bundles, old domestic, old plate, No E3 (old thick scrap), auto, cut structural/plate, E40 and 5C domestic scrap markets. There is new regional coverage from 2024 in Mexican and Asian scrap market forecasts.

What our short-term forecasts include

Get monthly and quarterly forecasts for heavy melting steel (HMS) #1&2, bushelling, shredded, bundles, old domestic, old plate, No E3 (old thick scrap), auto, cut structural/plate, E40 and 5C domestic spanning more than 2 years to boost your strategic planning.

  • Regional market dynamics: Stay informed about the dynamics of different regions and the sentiment for steel scrap markets and competing metallics products for steel making.
  • Data-driven predictions: Our forecasts, powered by rigorous data modeling and analytical precision, help you anticipate market shifts and future price trends.
  • Supply and demand analysis: Gain insights into supply and demand dynamics in the market, trade flows, stocks and logistics and demand views of the automotive and construction industries. 
  • Weekly research reports: As part of our package, enjoy receiving weekly research reports that provide in-depth analysis of market trends, offering an added layer of insight. 

Are you interested in market-reflective prices, specialist forecasts and expert analysis for the ferrous scrap market?

Use your existing Metal Bulletin Research credentials to login to the platform here

Competitive advantage

With our independent short-term forecasts, stay ahead of the market. Leverage the insights to secure a competitive edge in the fast-paced ferrous scrap market. 

Negotiate with confidence

Empower your price discussions with our unbiased and market-reflective forecasts. Make informed decisions, negotiate better deals and maximize your profit margins. 

Risk mitigation strategies

Identify potential market shifts before they happen. Our forecasts help mitigate risks by providing early signals of market changes, enabling you to adjust your strategies in advance. 

Save time on research

Leave the heavy lifting to us. Save time on research with our comprehensive market analysis and concentrate more on your core business activities. 

Browse our ferrous scrap market insights

Read more about these new futures contracts against Fastmarkets’ benchmark assessment for the Chicago No. 1 busheling ferrous scrap price

Fastmarkets advises that, as of Monday November 11, certain monthly North American ferrous scrap assessments are yet to settle.

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

More Fastmarkets products to help you

As well as forecasting and analysis for the ferrous scrap market, we also offer news, price data and forecasting and analysis for the global metals markets.

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Talk to us

Whether you’re interested in learning how to become a customer from our sales teams or looking to get in touch with one of our reporters, we’re here for you.

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