Following a consultation period and market feedback, Fastmarkets will proceed with a comprehensive update of its stainless steel scrap prices to bring them in line with its global price reporting agency standards.

US steel scrap prices are experiencing historic highs — but as the market stabilizes, will the spread between busheling over shredded continue to widen beyond historical averages in 2023?

Rebar prices have maintained historically high spreads over those of shredded scrap — the steel product’s key feedstock — in 2022 due largely to robust end-use demand, but that gap is expected to narrow in 2023, according to Fastmarkets analysts

The publication of Fastmarkets’ Mexican scrap prices was later than scheduled on Tuesday October 11 due to a reviewer error.

Following a consultation period and market feedback, Fastmarkets has realigned its dealer selling price for turnings in Houston, effective from the October 2022 monthly settlement.

The United States ferrous scrap market remains depressed with some sellers no longer holding out hope that a bottom is near

Is the 'green' advantage held by steel companies in the US at risk as the market adopts a more rigorous approach to reducing Scope 3 emissions?

Following market feedback on the discrepancy between machine shop turnings and other ferrous scrap grades in the Houston dealer selling market, Fastmarkets proposes a realignment of the remaining grades in Houston, effective from the October 2022 monthly settlement.

Fastmarkets is proposing a comprehensive update of its stainless steel scrap prices to bring them in line with its global price reporting agency standards.

Fastmarkets has updated its consumer buying price for steel scrap No1 heavy melt and cut structural/plate, 5’ max, delivered mill Cleveland, following the arrival of late information for the domestic ferrous scrap monthly trade in September.