Steel scrap No1 busheling, consumer buying price, delivered mill Chicago, $/gross ton

Ex-China markets will remain reliant on China for the processing of critical minerals as long as the investment focus in the rest of the world stays firmly on the expansion of mined output.

Fastmarkets launched MB-STE- 0944 steel hot-rolled coil index, delivered Los Angeles, on Tuesday November 11, 2025.

Growing reports of Chinese steel allegedly entering Brazil with mislabeled material, falsified quality grades and manipulated documentation have raised concerns among traders, importers and distributors, who warn that the practice is distorting competition, damaging reputations and putting end-user safety at risk.