Fastmarkets launches Mexico stainless steel scrap prices

Fastmarkets has launched a suite broker/processor and ex-works prices to service the domestic and export Mexican stainless steel scrap markets respectively.

The new prices complement Fastmarkets’ existing coverage in the region amid increased calls for independent Mexican scrap price references.

Broker/processor price assessments reflect regional collection prices, while ex-works price assessments reflect tradeable levels for the stainless scrap sent chiefly to the US export market.

Standalone pricing for the Mexican stainless steel scrap market aligns with changes in the region’s market dynamics owing to the US government’s shifting international trade policy, as well as concerns that the US-Mexico-Canada (USMCA) trade agreement might be dissolved or pre-empted by other agreements.

In launching Mexican stainless steel scrap prices, Fastmarkets provides a standalone reference for pricing independent of the US market, offering clarity amid ongoing uncertainty on the global stage.

The specifications for the new prices are as follows:

MB-STS-0333 Stainless steel scrap 304 solids, clips, broker buying price, delivered to processor Mexico, peso/lb
Quantity: Truckload, 20-25 tonnes (44,000-55,000 lbs approx.)
Specifications: Nickel min. 7.00%, chromium min. 16.00%, molybdenum max. 0.50%, copper max. 0.50%, phosphorous max. 0.45%, sulfur max. 0.30%
Incoterm: Delivered at place
Location: Mexico
Unit: Mexican peso per pound
Payment terms: 30 days
Delivery period: 30 days
Data window: Tuesday 4pm EST-Tuesday 3:59pm EST
Publication: Weekly, Tuesday 4-5pm EST, aligned to the US holiday schedule

MB-STS-0334 Stainless steel scrap 304 turnings, broker buying price, delivered to processor Mexico, peso/lb 
Quantity: Truckload, 20-25 tonnes (44,000-55,000 lbs approx.)
Specifications: Nickel min. 7.00%, chromium min. 16.00%
Incoterm: Delivered at place
Location: Mexico
Unit: Mexican peso per pound
Payment terms: 30 days
Delivery period: 30 days
Data window: Tuesday 4pm EST-Tuesday 3:59pm EST
Publication: Weekly, Tuesday 4-5pm EST, aligned to the US holiday schedule

MB-STS-0335 Stainless steel scrap 316 solids, clips, broker buying price, delivered to processor Mexico, peso/lb 
Quantity: Truckload, 20-25 tonnes (44,000-55,000 lbs approx.)
Specifications: Nickel 10.00-14.00%, chromium 16.00-18.00%, molybdenum 2.00-3.00%, manganese max. 2.00%, carbon max. 0.08%
Incoterm: Delivered at place
Location: Mexico
Unit: Mexican peso per pound
Payment terms: 30 days
Delivery period: 30 days
Data window: Tuesday 4pm EST-Tuesday 3:59pm EST
Publication: Weekly, Tuesday 4-5pm EST, aligned to the US holiday schedule

MB-STS-0336 Stainless steel scrap 409 solids, clips, broker buying price, delivered to processor Mexico, peso/lb 
Quantity: Truckload, 20-25 tonnes (44,000-55,000 lbs approx.)
Specifications: Chromium 11.00%
Incoterm: Delivered at place
Location: Mexico
Unit: Mexican peso per pound
Payment terms: 30 days
Delivery period: 30 days
Data window: Tuesday 4pm EST-Tuesday 3:59pm EST
Publication: Weekly, Tuesday 4-5pm EST, aligned to the US holiday schedule

MB-STS-0337 Stainless steel scrap 409 turnings, broker buying price, delivered to processor Mexico, peso/lb 
Quantity: Truckload, 20-25 tonnes (44,000-55,000 lbs approx.)
Specifications: Chromium 11.00%
Incoterm: Delivered at place
Location: Mexico
Unit: Mexican peso per pound
Payment terms: 30 days
Delivery period: 30 days
Data window: Tuesday 4pm EST-Tuesday 3:59pm EST
Publication: Weekly, Tuesday 4-5pm EST, aligned to the US holiday schedule

MB-STS-0338 Stainless steel scrap 430 solids, clips, broker buying price, delivered to processor Mexico, peso/lb 
Quantity: Truckload, 20-25 tonnes (44,000-55,000 lbs approx.)
Specifications: Chromium 16.00-18.00%, manganese 1.00%, silicon 1.00%
Incoterm: Delivered at place
Location: Mexico
Unit: Mexican peso per pound
Payment terms: 30 days
Delivery period: 30 days
Data window: Tuesday 4pm EST-Tuesday 3:59pm EST
Publication: Weekly, Tuesday 4-5pm EST, aligned to the US holiday schedule

MB-STS-0339 Stainless steel scrap 430 turnings, broker buying price, delivered to processor Mexico, peso/lb 
Quantity: Truckload, 20-25 tonnes (44,000-55,000 lbs approx.)
Specifications: Chromium 16.00-18.00%, manganese 1.00%, silicon 1.00%
Incoterm: Delivered at place
Location: Mexico
Unit: Mexican peso per pound
Payment terms: 30 days
Delivery period: 30 days
Data window: Tuesday 4pm EST-Tuesday 3:59pm EST
Publication: Weekly, Tuesday 4-5pm EST, aligned to the US holiday schedule

MB-STS-0340 Zurik, broker buying price, delivered to processor Mexico, peso/lb 
Quantity: Truckload, 20-25 tonnes (44,000-55,000 lbs approx.)
Specifications: Zurik is a shredded, sensor-sorted nonferrous scrap product composed primarily of stainless steel along with variable amounts of insulated wire, aluminium, copper, lead, magnesium, nickel, tin, and zinc.
Incoterm: Delivered at place
Location: Mexico
Unit: Mexican peso per pound
Payment terms: 30 days
Delivery period: 30 days
Data window: Tuesday 4pm EST-Tuesday 3:59pm EST
Publication: Weekly, Tuesday 4-5pm EST, aligned to the US holiday schedule
Notes: ReMa Code: Zurik

MB-STS-0341 Stainless steel scrap 304 solids, clips, baled, ex-works Mexico, peso/lb 
Quantity: Truckload, 20-25 tonnes (44,000-55,000 lbs approx.)
Specifications: Nickel min. 7.00%, chromium min. 16.00%, molybdenum max. 0.50%, copper max. 0.50%, phosphorous max. 0.45%, sulfur max. 0.30%
Incoterm: Ex-works
Location: Mexico
Unit: Mexican peso per pound
Payment terms: 30 days
Delivery period: 30 days
Data window:  Tuesday 4pm EST-Tuesday 3:59pm EST
Publication: Weekly, Tuesday 4-5pm EST, aligned to the US holiday schedule

MB-STS-0342 Stainless steel scrap 304 turnings, baled, ex-works Mexico, peso/lb 
Quantity: Truckload, 20-25 tonnes (44,000-55,000 lbs approx.)
Specifications: Nickel min. 7.00%, chromium min. 16.00%
Incoterm: Ex-works
Location: Mexico
Unit: Mexican peso per pound
Payment terms: 30 days
Delivery period: 30 days
Data window: Tuesday 4pm EST-Tuesday 3:59pm EST
Publication: Weekly, Tuesday 4-5pm EST, aligned to the US holiday schedule

MB-STS-0343 Stainless steel scrap 316 solids, clips, baled, ex-works Mexico, peso/lb 
Quantity: Truckload, 20-25 tonnes (44,000-55,000 lbs approx.)
Specifications: Nickel 10.00-14.00%, chromium 16.00-18.00%, molybdenum 2.00-3.00%, manganese max. 2.00%, carbon max. 0.08%
Incoterm: Ex-works
Location: Mexico
Unit: Mexican peso per pound
Payment terms: 30 days
Delivery period: 30 days
Data window: Tuesday 4pm EST-Tuesday 3:59pm EST
Publication: Weekly, Tuesday 4-5pm EST, aligned to the US holiday schedule

MB-STS-0344 Stainless steel scrap 409 solids, clips, baled, ex-works Mexico, peso/lb 
Quantity: Truckload, 20-25 tonnes (44,000-55,000 lbs approx.)
Specifications: Chromium 11.00%
Incoterm: Ex-works
Location: Mexico
Unit: Mexican peso per pound
Payment terms: 30 days
Delivery period: 30 days
Data window: Tuesday 4pm EST-Tuesday 3:59pm EST
Publication: Weekly, Tuesday 4-5pm EST, aligned to the US holiday schedule

MB-STS-0345 Stainless steel scrap 409 turnings, baled, ex-works Mexico, peso/lb 

Quantity: Truckload, 20-25 tonnes (44,000-55,000 lbs approx.)
Specifications: Chromium 11.00%
Incoterm: Ex-works
Location: Mexico
Unit: Mexican peso per pound
Payment terms: 30 days
Delivery period: 30 days
Data window: Tuesday 4pm EST-Tuesday 3:59pm EST
Publication: Weekly, Tuesday 4-5pm EST, aligned to the US holiday schedule

MB-STS-0346 Stainless steel scrap 430 solids, clips, baled, ex-works Mexico, peso/lb 
Quantity: Truckload, 20-25 tonnes (44,000-55,000 lbs approx.)
Specifications: Chromium 16.00-18.00%, manganese 1.00%, silicon 1.00%
Incoterm: Ex-works
Location: Mexico
Unit: Mexican peso per pound
Payment terms: 30 days
Delivery period: 30 days
Data window: Tuesday 4pm EST-Tuesday 3:59pm EST
Publication: Weekly, Tuesday 4-5pm EST, aligned to the US holiday schedule

MB-STS-0347 Stainless steel scrap 430 turnings, baled, ex-works Mexico, peso/lb 
Quantity: Truckload, 20-25 tonnes (44,000-55,000 lbs approx.)
Specifications: Chromium 16.00-18.00%, manganese 1.00%, silicon 1.00%
Incoterm: Ex-works
Location: Mexico
Unit: Mexican peso per pound
Payment terms: 30 days
Delivery period: 30 days
Data window: Tuesday 4pm EST-Tuesday 3:59pm EST
Publication: Weekly, Tuesday 4-5pm EST, aligned to the US holiday schedule

MB-STS-0348 Zurik, baled, ex-works Mexico, peso/lb 
Quantity: Truckload, 20-25 tonnes (44,000-55,000 lbs approx.)
Specifications: Zurik is a shredded, sensor-sorted nonferrous scrap product composed primarily of stainless steel along with variable amounts of insulated wire, aluminium, copper, lead, magnesium, nickel, tin, and zinc.
Incoterm: Ex-works
Location: Mexico
Unit: Mexican peso per pound
Payment terms: 30 days
Delivery period: 30 days
Data window: Tuesday 4pm EST-Tuesday 3:59pm EST
Publication: Weekly, Tuesday 4-5pm EST, aligned to the US holiday schedule
Notes: ReMa Code: Zurik

MB-STS-0349 Stainless steel scrap 304 solids, clips, broker buying price, delivered to processor Mexico, peso/kg
Quantity: Truckload, 20-25 tonnes (44,000-55,000 lbs approx.)
Specifications: Nickel min. 7.00%, chromium min. 16.00%, molybdenum max. 0.50%, copper max. 0.50%, phosphorous max. 0.45%, sulfur max. 0.30%
Incoterm: Delivered at place
Location: Mexico
Unit: Mexican peso per kilogram (converted from peso/lb assessments using 2.205 conversion factor)
Payment terms: 30 days
Delivery period: 30 days
Data window: Tuesday 4pm EST-Tuesday 3:59pm EST
Publication: Weekly, Tuesday 4-5pm EST, aligned to the US holiday schedule

MB-STS-0350 Stainless steel scrap 304 turnings, broker buying price, delivered to processor Mexico, peso/kg 

Quantity: Truckload, 20-25 tonnes (44,000-55,000 lbs approx.)
Specifications: Nickel min. 7.00%, chromium min. 16.00%
Incoterm: Delivered at place
Location: Mexico
Unit: Mexican peso per kilogram (converted from peso/lb assessments using 2.205 conversion factor)
Payment terms: 30 days
Delivery period: 30 days
Data window: Tuesday 4pm EST-Tuesday 3:59pm EST
Publication: Weekly, Tuesday 4-5pm EST, aligned to the US holiday schedule

MB-STS-0351 Stainless steel scrap 316 solids, clips, broker buying price, delivered to processor Mexico, peso/kg 
Quantity: Truckload, 20-25 tonnes (44,000-55,000 lbs approx.)
Specifications: Nickel 10.00-14.00%, chromium 16.00-18.00%, molybdenum 2.00-3.00%, manganese max. 2.00%, carbon max. 0.08%
Incoterm: Delivered at place
Location: Mexico
Unit: Mexican peso per kilogram (converted from peso/lb assessments using 2.205 conversion factor)
Payment terms: 30 days
Delivery period: 30 days
Data window: Tuesday 4pm EST-Tuesday 3:59pm EST
Publication: Weekly, Tuesday 4-5pm EST, aligned to the US holiday schedule

MB-STS-0352 Stainless steel scrap 409 solids, clips, broker buying price, delivered to processor Mexico, peso/kg 
Quantity: Truckload, 20-25 tonnes (44,000-55,000 lbs approx.)
Specifications: Chromium 11.00%
Incoterm: Delivered at place
Location: Mexico
Unit: Mexican peso per kilogram (converted from peso/lb assessments using 2.205 conversion factor)
Payment terms: 30 days
Delivery period: 30 days
Data window: Tuesday 4pm EST-Tuesday 3:59pm EST
Publication: Weekly, Tuesday 4-5pm EST, aligned to the US holiday schedule

MB-STS-0353 Stainless steel scrap 409 turnings, broker buying price, delivered to processor Mexico, peso/kg 
Quantity: Truckload, 20-25 tonnes (44,000-55,000 lbs approx.)
Specifications: Chromium 11.00%
Incoterm: Delivered at place
Location: Mexico
Unit: Mexican peso per kilogram (converted from peso/lb assessments using 2.205 conversion factor)
Payment terms: 30 days
Delivery period: 30 days
Data window: Tuesday 4pm EST-Tuesday 3:59pm EST
Publication: Weekly, Tuesday 4-5pm EST, aligned to the US holiday schedule

MB-STS-0354 Stainless steel scrap 430 solids, clips, broker buying price, delivered to processor Mexico, peso/kg 
Quantity: Truckload, 20-25 tonnes (44,000-55,000 lbs approx.)
Specifications: Chromium 16.00-18.00%, manganese 1.00%, silicon 1.00%
Incoterm: Delivered at place
Location: Mexico
Unit: Mexican peso per kilogram (converted from peso/lb assessments using 2.205 conversion factor)
Payment terms: 30 days
Delivery period: 30 days
Data window: Tuesday 4pm EST-Tuesday 3:59pm EST
Publication: Weekly, Tuesday 4-5pm EST, aligned to the US holiday schedule

MB-STS-0355 Stainless steel scrap 430 turnings, broker buying price, delivered to processor Mexico, peso/kg 
Quantity: Truckload, 20-25 tonnes (44,000-55,000 lbs approx.)
Specifications: Chromium 16.00-18.00%, manganese 1.00%, silicon 1.00%
Incoterm: Delivered at place
Location: Mexico
Unit: Mexican peso per kilogram (converted from peso/lb assessments using 2.205 conversion factor)
Payment terms: 30 days
Delivery period: 30 days
Data window: Tuesday 4pm EST-Tuesday 3:59pm EST
Publication: Weekly, Tuesday 4-5pm EST, aligned to the US holiday schedule

MB-STS-0356 Zurik, broker buying price, delivered to processor Mexico, peso/kg 
Quantity: Truckload, 20-25 tonnes (44,000-55,000 lbs approx.)
Specifications: Zurik is a shredded, sensor-sorted nonferrous scrap product composed primarily of stainless steel along with variable amounts of insulated wire, aluminium, copper, lead, magnesium, nickel, tin, and zinc.
Incoterm: Delivered at place
Location: Mexico
Unit: Mexican peso per kilogram (converted from peso/lb assessments using 2.205 conversion factor)
Payment terms: 30 days
Delivery period: 30 days
Data window: Tuesday 4pm EST-Tuesday 3:59pm EST
Publication: Weekly, Tuesday 4-5pm EST, aligned to the US holiday schedule
Notes: ReMa Code: Zurik

MB-STS-0357 Stainless steel scrap 304 solids, clips, baled, ex-works Mexico, peso/kg 
Quantity: Truckload, 20-25 tonnes (44,000-55,000 lbs approx.)
Specifications: Nickel min. 7.00%, chromium min. 16.00%, molybdenum max. 0.50%, copper max. 0.50%, phosphorous max. 0.45%, sulfur max. 0.30%
Incoterm: Ex-works
Location: Mexico
Unit: Mexican peso per kilogram (converted from peso/lb assessments using 2.205 conversion factor)
Payment terms: 30 days
Delivery period: 30 days
Data window:  Tuesday 4pm EST-Tuesday 3:59pm EST
Publication: Weekly, Tuesday 4-5pm EST, aligned to the US holiday schedule

MB-STS-0358 Stainless steel scrap 304 turnings, baled, ex-works Mexico, peso/kg 
Quantity: Truckload, 20-25 tonnes (44,000-55,000 lbs approx.)
Specifications: Nickel min. 7.00%, chromium min. 16.00%
Incoterm: Ex-works
Location: Mexico
Unit: Mexican peso per kilogram (converted from peso/lb assessments using 2.205 conversion factor)
Payment terms: 30 days
Delivery period: 30 days
Data window: Tuesday 4pm EST-Tuesday 3:59pm EST
Publication: Weekly, Tuesday 4-5pm EST, aligned to the US holiday schedule

MB-STS-0359 Stainless steel scrap 316 solids, clips, baled, ex-works Mexico, peso/kg 
Quantity: Truckload, 20-25 tonnes (44,000-55,000 lbs approx.)
Specifications: Nickel 10.00-14.00%, chromium 16.00-18.00%, molybdenum 2.00-3.00%, manganese max. 2.00%, carbon max. 0.08%
Incoterm: Ex-works
Location: Mexico
Unit: Mexican peso per kilogram (converted from peso/lb assessments using 2.205 conversion factor)
Payment terms: 30 days
Delivery period: 30 days
Data window: Tuesday 4pm EST-Tuesday 3:59pm EST
Publication: Weekly, Tuesday 4-5pm EST, aligned to the US holiday schedule

MB-STS-0360 Stainless steel scrap 409 solids, clips, baled, ex-works Mexico, peso/kg 

Quantity: Truckload, 20-25 tonnes (44,000-55,000 lbs approx.)
Specifications: Chromium 11.00%
Incoterm: Ex-works
Location: Mexico
Unit: Mexican peso per kilogram (converted from peso/lb assessments using 2.205 conversion factor)
Payment terms: 30 days
Delivery period: 30 days
Data window: Tuesday 4pm EST-Tuesday 3:59pm EST
Publication: Weekly, Tuesday 4-5pm EST, aligned to the US holiday schedule

MB-STS-0361 Stainless steel scrap 409 turnings, baled, ex-works Mexico, peso/kg 

Quantity: Truckload, 20-25 tonnes (44,000-55,000 lbs approx.)
Specifications: Chromium 11.00%
Incoterm: Ex-works
Location: Mexico
Unit: Mexican peso per kilogram (converted from peso/lb assessments using 2.205 conversion factor)
Payment terms: 30 days
Delivery period: 30 days
Data window: Tuesday 4pm EST-Tuesday 3:59pm EST
Publication: Weekly, Tuesday 4-5pm EST, aligned to the US holiday schedule

MB-STS-0362 Stainless steel scrap 430 solids, clips, baled, ex-works Mexico, peso/kg 
Quantity: Truckload, 20-25 tonnes (44,000-55,000 lbs approx.)
Specifications: Chromium 16.00-18.00%, manganese 1.00%, silicon 1.00%
Incoterm: Ex-works
Location: Mexico
Unit: Mexican peso per kilogram (converted from peso/lb assessments using 2.205 conversion factor)
Payment terms: 30 days
Delivery period: 30 days
Data window: Tuesday 4pm EST-Tuesday 3:59pm EST
Publication: Weekly, Tuesday 4-5pm EST, aligned to the US holiday schedule

MB-STS-0363 Stainless steel scrap 430 turnings, baled, ex-works Mexico, peso/kg 
Quantity: Truckload, 20-25 tonnes (44,000-55,000 lbs approx.)
Specifications: Chromium 16.00-18.00%, manganese 1.00%, silicon 1.00%
Incoterm: Ex-works
Location: Mexico
Unit: Mexican peso per kilogram (converted from peso/lb assessments using 2.205 conversion factor)
Payment terms: 30 days
Delivery period: 30 days
Data window: Tuesday 4pm EST-Tuesday 3:59pm EST
Publication: Weekly, Tuesday 4-5pm EST, aligned to the US holiday schedule

MB-STS-0364 Zurik, baled, ex-works Mexico, peso/kg 
Quantity: Truckload, 20-25 tonnes (44,000-55,000 lbs approx.)
Specifications: Zurik is a shredded, sensor-sorted nonferrous scrap product composed primarily of stainless steel along with variable amounts of insulated wire, aluminium, copper, lead, magnesium, nickel, tin, and zinc.
Incoterm: Ex-works
Location: Mexico
Unit: Mexican peso per kilogram (converted from peso/lb assessments using 2.205 conversion factor)
Payment terms: 30 days
Delivery period: 30 days
Data window: Tuesday 4pm EST-Tuesday 3:59pm EST
Publication: Weekly, Tuesday 4-5pm EST, aligned to the US holiday schedule
Notes: ReMa Code: Zurik

If you would like to provide price information by becoming a data submitter to these prices or if you would like to provide feedback, please contact pricing@fastmarkets.com and metalsrecycling@fastmarkets.com.

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to the Fastmarkets methodology page.

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