Due to “a lapse in federal funding,” US Census Bureau trade data will not be updated until after the government shutdown is resolved, the US Census Bureau website said on Tuesday October 7. Fastmarkets typically publishes ferrous, non-ferrous scrap and raw material data after it is released, within the first 10 days of each calendar […]

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

Fastmarkets’ pricing database has been updated. The affected prices were:MB-STE-0416 Steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey, $ per tonneMB-STE-0417 Steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey, $ per tonneMB-STE-0894 Steel scrap, HMS 1&2 (80:20 mix), month-to-date deal-weighted average, North Europe origin, cfr Turkey, $ per tonneMB-STE-0100 Steel scrap, HMS 1&2 (80:20 […]

The publication of several Fastmarkets steel scrap indices for the UK, European and Turkish markets were delayed on Monday September 15 because of a reporter error.

Fastmarkets published its assessment of the MB-STE-0232 steel scrap No1 busheling, consumer buying price, delivered mill Chicago, $/gross ton on Monday September 8, 2025.

Recycling metal is taking on an ever-larger role at the heart of Saudi Arabia's rapid industrial transformation, recycling giant Al Qaryan Group's Ferrous Commercial Director Ahmed Khadr told Fastmarkets in an exclusive interview in August.

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

This proposal follows the transition of the settlement of the Chicago Mercantile Exchange No1 busheling contract to Fastmarkets’ assessment of the Chicago No1 busheling price on December 16, 2024. The index has remained active in the interim to support existing contracts that are settled against that calculated number. The specifications for the affected index are […]

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.

Fastmarkets has continued the expansion of its Middle Eastern scrap price suite with the launch of an index for domestic heavy melting steel (HMS) scrap in Saudi Arabia on Tuesday August 5.