The publication of Fastmarkets’ MB-STE-0464 - Steel scrap HMS 1&2 (80:20 mix) US material import, cfr main port Taiwan, $/tonne assessment for Thursday February 19 was delayed because of a reporter error. Fastmarkets’ pricing database has been updated.

No feedback was received during the consultation period and therefore no changes will be made to the methodologies at this stage. This consultation sought to ensure that our methodologies continue to reflect the physical market for our audited physical markets for steel scrap, in compliance with IOSCO’s principles for Price Reporting Agencies (PRAs). This includes […]

The consultation began on November 25, 2025, was extended on January 6 this year and ended on February 6. It sought feedback from a range of market participants on the location of delivery, material density and payment terms. Based on market feedback received during the consultation, Fastmarkets has decided to amend the delivery location to delivered consumer […]

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

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.