Open consultation on Fastmarkets’ metals recycling methodologies

Fastmarkets is inviting feedback from the industry on its pricing methodology and product specifications for metals recycling, as part of its announced annual methodology review process.

This consultation, which is open until Friday February 13, seeks to ensure that our methodologies continue to reflect the physical metals recycling markets, in compliance with the International Organization of Securities Commission (IOSCO) principles for price reporting agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency.

View the ferrous scrap methodologies via this link and via this link.

View the non-ferrous scrap methodologies via this link and via this link.

Please send responses in writing, preferably in electronic format, to the following addresses: pricing@fastmarkets.com and metalsrecycling@fastmarkets.com. Please add the subject heading “FAO: Sean Barry re: Metals recycling methodologies.” Please specify whether your response is confidential. Opinions offered in confidential responses may be referenced but will not be attributed in any way.

Fastmarkets will publish the outcome of this methodology review by Thursday February 19 including a summary of the feedback – with the exception of those responses marked as confidential. Any proposals to make material changes, discontinue or launch prices will involve a separate market consultation, the length of which will depend on how substantial the change is.

To see all Fastmarkets’ pricing methodology and specification documents, go to the Fastmarkets methodology page.

What to read next
Fastmarkets has corrected its MB-STE-0816 Japan seamless Linepipe API 5L B fob and its MB-STE-0817 Japan seamless Linepipe API 5L X65 fob assessments, which were published incorrectly on Wednesday April 8 due to a procedural error.
Fastmarkets has decided to launch two weekly price assessments for graphite flake 94% C, -100 mesh and graphite flake 94% C, +80 mesh on an ex-works China basis on Thursday April 16.
Fastmarkets published its assessment of the MB-STE-0232 steel scrap No1 busheling, consumer buying price, delivered mill Chicago, $/gross ton on Thursday April 9, 2026.
Fastmarkets has corrected the rationale for its MB-LI-0033 Lithium hydroxide monohydrate LiOH.H2O 56.5% LiOH min, battery grade, spot price cif China, Japan & Korea, which was published incorrectly on Thursday April 9 due to a typo. The published rationale for MB-LI-0033 Lithium hydroxide monohydrate LiOH.H2O 56.5% LiOH min, battery grade, spot price cif China, Japan […]
Fastmarkets launched two new aluminium scrap prices on Thursday, April 9, adding to Fastmarkets’ suite of recycled non-ferrous metals price assessments. The launch will elevate and expand Fastmarkets’ aluminium scrap coverage by including the following grades: Section 232 tariffs and the resulting high aluminium premiums have led to increased costs and rising interest in recycled […]
The proposal would align the index more closely with physically traded volumes in the region, and enable it to adjust to evolving market conditions. This proposal follows an observed widening of the spread between trader and smelter purchase components of the index and is aligned with a majority of market feedback. Additionally, Fastmarkets seeks feedback […]