The MB-STE-0939 steel scrap HMS 1&2 index, domestic composite, delivered Saudi Arabia, was published in error as 1,361.52 riyals per tonne. It has been corrected to 1,360.19 riyals per tonne. Fastmarkets’ pricing database has been updated to reflect this change. This price is part of the Fastmarkets scrap price package. For more information, or to provide […]

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 […]

Fastmarkets initially consulted on location of delivery, exact sizing and impurities of materials and payment terms following feedback that these parameters should be narrowed. But feedback from some market participants has been incomplete during the consultation period, requiring greater time to achieve clarity on these points. Furthermore, since the consultation launched, the UAE has announced a reverse […]

Here are the key takeaways from market participants on US ferrous scrap metal prices, market confidence, inventory and more from our January 2026 survey.

This price is a part of the Fastmarkets scrap package. For more information on our North America Ferrous Scrap methodology and specifications please click here. To get in touch about access to this price assessment, please contact customer.success@fastmarkets.com.

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

The decision follows a consultation period that started on October 28 and ended on November 25. The price assessments in question are:MB-STS-0008 Stainless steel scrap 18/8 solids, import, cif main European port, € per tonneMB-STS-0009 Stainless steel scrap 18/8 turnings, import, cif main European port, € per tonneMB-STS-0261 Stainless steel scrap 316 solids, import, cif main European port, € per […]

The publication of Fastmarkets’ MB-STE-0464 steel scrap HMS 1&2 (80:20 mix) US material import, cfr main port Taiwan, price assessment for Tuesday November 25 was delayed because of a reporter error. Fastmarkets’ pricing database has been updated. The following price was affected:MB-STE-0464 – Steel scrap HMS 1&2 (80:20 mix) US material import, cfr main port Taiwan […]

Fastmarkets proposes to amend the specifications of its UAE steel scrap price indices to better align with industry trends and capture more precise data. Under the proposed amendments, the MB-STE-0910 steel scrap sheared HMS 1&2 (80:20 mix), index, domestic, delivered UAE and the MB-STE-0927 Steel scrap, shredded, index, domestic, delivered UAE will allow data pertaining to material delivered to […]

Fastmarkets has amended the publication deadline for its Germany and Italy domestic steel scrap price assessments.