Fastmarkets made the decision to transition the pricing of Houston ferrous scrap prices from dealer selling to consumer buying assessments in August 2022.

Given the sharp price increases recorded by several major seaborne steel scrap markets at the start of this new year, it can be easy to forget the host of structural issues still bubbling under the surface of the trade

Steelmakers in the United States reportedly are charging customers less in the South and more in the Midwest mainly due to three factors: differences in import penetration, end-market demand and cost structure, according to market participants — a disparity highlighted by Fastmarkets’ new index for the southern region

What does 2023 have in store for the US scrap market? Find out today in our monthly US steel scrap price trends outlook

Shortages of high-grade pellet-feed iron ore concentrates and good-quality ferrous scrap such as plate and structural grades mean that direct-shipping iron ore fines are likely to remain the mainstay steelmaking raw material

A potential lifting of China's sanctions on the import of Australian metallurgical coal and China's post-Covid-19 recovery will be key factors to watch in 2023, market sources told Fastmarkets on Wednesday January 4

Prices for import pig iron in the United States rose in the week to Friday December 30 on reduced stocks and expectations of higher scrap and steel prices in early 2023

Positive feedback has spurred Aurubis to expand its investment in the United States and examine growth opportunities globally within its core business and in new fields

Our monthly US steel scrap price outlook helps you to make sense of critical indicators impacting price movements, allowing you to forecast scrap prices one month ahead

The US domestic ferrous scrap trade has kicked off with higher offers across the board, but market participants indicated that negotiations have turned rocky in some regions, with some sellers holding out for bigger increases