Demand for ferrous scrap in Asia has been rising, with the region becoming a leading importer of scrap globally. Fastmarkets is expanding its forecasts in the region to cover this trend

Here are the four key takeaways from the US scrap market participants of our June survey

The push toward decarbonization will dramatically increase the demand for ferrous scrap materials among major Indian steel producers in the coming years, Zain Nathani, vice president of the Material Recycling Association of India (MRAI), has said in a Fastmarkets webinar

A surge in recycling capacity in the US aluminium industry is coming in the next few years while for now it continues to meet most of its primary aluminium needs from Canada.

The copper market is facing a historical moment with Chinese smelters now paying premiums for raw material copper concentrate while selling their finished product at a discount, but participants point to easing concentrate demand in the second quarter as supportive for the market

Here are the four key takeaways from the US scrap market participants in our May survey

Ferrous scrap could serve as a linchpin in decarbonizing both the steel and shipping sectors in South Korea, particularly in the short term, while waiting for emerging technologies such as hydrogen-based direct-reduced iron to be commercialized, Fastmarkets heard at a seminar on green steel and circularity

Singapore-based lithium-ion battery recycling company Green Li-ion has launched its first commercial-scale installation to produce battery-grade cathode and anode materials from black mass and cathode powder – the first of its kind in North America

Fastmarkets launched a suite of CIF India aluminium scrap prices on Wednesday April 17.

Indian imports of aluminium scrap have been rising consistently in recent years, creating significant demand among market participants for more transparent, comprehensive CIF India pricing.