A developing El Niño weather pattern is drawing fresh attention across European metals markets at a moment when the continent‘s energy infrastructure is already under acute stress – and for producers and traders in secondary aluminium and ferrous scrap, the implications are hard to ignore.

Alex Kershaw unpacks the recent volatility in global scrap steel markets and what is driving price movements across key regions. From the US and Europe to Turkey and China, the discussion explores how rising energy and freight costs are lifting prices despite weak steel demand.

Vietnam’s ambitions to become a burgeoning processing hub for secondary metals is hitting a wall of private-sector skepticism, Fastmarkets heard on the sidelines of the Third China Metal Recycling Spring Conference (CMRA 2026) held in Hanoi, Vietnam on May 9-12.

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

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

The publication of Fastmarkets’ assessments for MB-STE-0093 Steel scrap auto bundle scrap domestic, delivered Turkey and MB-STE-0094 Steel scrap melting scrap from shipbreaking domestic, delivered Turkey on March 2 were delayed because of a reporter error. Fastmarkets’ pricing database has been updated.

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.