At Fastmarkets’ International Iron Ore & Green Steel Summit 2025, we expect topics such as iron ore pricing trends, green steel developments and growing demand for high-grade pellets to emerge. The event will address decarbonization, Europe’s green steel growth and shifts in scrap and pellet markets driven by supply and cost changes.

Fastmarkets published its assessment of the MB-STE-0232 steel scrap No1 busheling, consumer buying price, delivered mill Chicago, $/gross ton on Thursday June 5, 2025.

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

Mexico’s strategic role in automotive nearshoring is fueling demand for recycled aluminium, with investment in scrap-intensive sectors boosting its non-ferrous secondary markets. Despite tariff uncertainties, USMCA compliance and EV production growth continue to attract global manufacturers.

This strategic launch comes after an extensive period of targeted market engagement and overwhelming feedback that a separation in US and Mexican pricing was facilitating demand for Mexican domestic assessments for non-ferrous secondary material, taking advantage of Fastmarkets’ decade-long position of primacy in Mexican domestic ferrous scrap pricing. The price specifications for these grades are […]

US trade policy discussion dominated conversations at the Recycled Materials Association (ReMA) annual conference in San Diego on May 12-15, with speakers in focused trade panels and commodity spotlights dissecting the decisions and potential actions of the Trump administration.

The Mexico Metals Outlook 2025 conference explored challenges and opportunities in the steel, aluminum and scrap markets, focusing on tariffs, nearshoring, capacity growth and global trends.

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

Read more details on Fastmarkets' expanded suite of Middle Eastern scrap prices

Full details of the prices covered by this consultation can be found here. 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 under indexation, in compliance with the International Organization […]