Scrap and secondary

How scrap metals and recyclable materials are driving the circular economy

Global scrap and secondary prices have never been more unpredictable. Recyclable materials are in high demand as the world shifts toward building a more sustainable future. Fastmarkets has been helping businesses across the supply chain by providing global, industry-leading coverage, for over 1,400 scrap metal prices, including steel, aluminum, and copper for over 130 years.

Whether you buy, sell or trade in the scrap and secondary markets, our IOSCO-compliant, transparent and benchmarked price data can help you to understand the forces driving market volatility, and act with confidence.

Keep track of the developments impacting the scrap markets, with regular market updates from our global team of industry experts giving you a clearer view of price trends and availability worldwide.

With our independent market coverage into the ferrous scrap and non-ferrous scrap metals markets, you can trust that you have an unbiased, forward-looking view of the market to help future-proof your business strategy. You’ll also get access to historical price trends in the Fastmarkets fully customizable platform to help it all make sense.

Our market refective price data, news and forecasts combine the commodity intelligence of familiar names like Metal Bulletin, American Metal Market, Scrap Price Bulletin and Industrial Minerals.

Build your personalized view of the metals markets in the Fastmarkets dashboard

What’s happening in the scrap and secondary markets?

Scrap markets are extremely volatile and what happens in one region can affect prices along the global supply chain. Stay ahead of the market with our scrap and secondary prices, news, forecasts and economic analysis.

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

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

Trump’s tariffs on Canadian and Mexican metals have introduced significant instability to the U.S. metals sector. The 25% tariffs, coupled with retaliatory measures from Canada and Mexico, have fuelled price volatility, supply chain disruptions, and operational uncertainty across multiple industries. These trade policies are reshaping global market dynamics as stakeholders brace for long-term impacts on steel, aluminium, copper, and other metal commodities.

This guide explores current price trends, breaks down the key copper scrap grades and provides a global outlook for 2025.

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

Renewed US-China trade tensions with Donald Trump’s second presidential term could bolster Southeast Asia’s aluminium scrap industry in 2025, particularly amid still-growing Chinese demand, sources told Fastmarkets by Tuesday, January 14.

How can we help you?

Our global team of over 200 price reporters provides over 900 proprietary scrap prices

Delivered to you as the markets are changing from reporters embedded in the global scrap and secondary markets

With an over 90% accuracy rating, our forecasting helps you understand what’s next for the scrap and secondary market

Grow and protect your profits and insulate your business from volatility with the Fastmarkets risk management team

Fastmarkets’ metals consulting is your partner in creating value and managing risk

Learn how the Fastmarkets platform can help you navigate the fast-moving metals market

Market report

This report brings together a wide range of opinions from US scrap industry participants and delves into the expectations for the market in the upcoming month, providing a deep dive into price movements and market dynamics by region, market side and more.

Find a metals and mining price
    • Hard coking coal, fob DBCT, $/wmt
      Low 141.45
      Mid 141.45
      High 141.45
      Updated 2025-03-15
    • PCI low-vol, cfr South China, $/wmt
      Low 116.27
      Mid 116.27
      High 116.27
      Updated 2025-03-15
    • Hot-briquetted iron export, fob main port Venezuela, $/tonne
      Low 220.00
      Mid 230.00
      High 240.00
      Updated 2025-03-15

    Find out how we assess and forecast prices for the global metals market

    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.

    Speak to our team

    Why use a price reporting agency?

    Navigate uncertainty and make business decisions with confidence using our price data, forecasts and critical intelligence.

    Learn more