Get started

Fastmarkets to publish additional kilogram-based prices for Mexico non-ferrous scrap assessments: pricing notice

Fastmarkets has decided to add peso per kg price units to its Mexican aluminium scrap, aluminium alloy and copper scrap assessments, to complement the existing peso per lb prices, effective from April 13, 2026.

March 25, 2026
By Fastmarkets pricing team
Pricing notice Scrap and secondary United States

The additional kilogram-based prices, to be calculated from existing pound-based assessments, are intended to improve clarity and align the assessments more closely with prevailing commercial practices in Mexico’s non-ferrous scrap markets.

Market participants commonly reference kilogram-based prices in submissions, transactions and negotiations, particularly in key regions such as Monterrey and Bajío. Publishing complementary peso per kg prices alongside the existing peso per lb assessments will reduce the need for unit conversion, improve usability and reflect the format frequently used by participants across Mexico’s recycling supply chain.

Feedback from ongoing market engagement and price-submission reviews indicates that many suppliers, processors and consumers in Mexico reference kilogram-denominated prices consistent with invoicing and contract practices. The additional units are therefore intended to improve transparency and usability while maintaining continuity with the existing assessments.

Fastmarkets proposes publishing additional price assessments in peso per kg for the following:

The additional peso per kg values would be calculated from the existing peso per lb assessments using a standard conversion factor of 1 kg = 2.205 lbs.

Please note that Fastmarkets previously proposed publishing only in kilograms in a notice published March 4 which you can view here.

Fastmarkets has instead decided to continue its existing assessments in pounds and add assessments in kilograms.

Please send any questions or comments by to 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.

What to read next
End of open consultation on methodology for ferro-chrome 50% Cr import, cif main Chinese ports and European high carbon ferro-chrome price assessments
Fastmarkets invited feedback from the industry on the methodology of its price assessments for ferro-chrome 50% Cr import, cif main Chinese ports, and European high carbon ferro-chrome, as part of its annual methodology review process.
May 5, 2026
 · 
By Fastmarkets pricing team
End of open consultation on methodology for ferro-tungsten basis 75% W, in-whs dup Rotterdam and tungsten APT 88.5% WO3 min cif Rotterdam and Baltimore duty-free price assessments
Fastmarkets invited feedback from the industry on the methodology of its price assessments for ferro-tungsten basis 75% W, in-whs dup Rotterdam, and tungsten APT 88.5% WO3 min cif Rotterdam and Baltimore duty-free, as part of its annual methodology review process.
May 5, 2026
 · 
By Fastmarkets pricing team
End of open consultation on methodology for ferro-molybdenum in-whs Rotterdam; molybdic oxide in-whs Rotterdam, Busan
Fastmarkets invited feedback from the industry on the methodology of its price assessments for ferro-molybdenum 65% Mo min, in-whs Rotterdam, $ per kg Mo; molybdenum drummed molybdic oxide 57% Mo min, in-whs Rotterdam, $ per lb Mo; and molybdenum MB drummed molybdic oxide Mo, in-whs Busan, $ per lb, as part of its annual methodology review process.
May 5, 2026
 · 
By Fastmarkets pricing team
Green steel forecast for Europe
US steel HRC supply fears get ‘no comment’ from mills, legislators
US steel mills were operating in April 2026 at their highest capacity utilization rate since 2024, but because many domestic producers have gone long on contracts this year, buyers continued to report difficulty in securing tonnages of steel hot-rolled coil on the spot market.
May 5, 2026
 · 
By Rachel McGuire
Architecture, Building, Factory
HRC rally pushes US Galvalume price up by $30/t in April despite soft demand
The US domestic Galvalume price increased by $30 per ton in April despite soft end demand. The coated price boosted solely based on continuing strength in the hot-rolled coil market, sources said.
May 5, 2026
 · 
By Rijuta Dey
Open consultation on annual methodology review for Asia recovered paper, Asia packaging paper and board: pricing notice
This consultation, which is open until June 2, 2026, seeks to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price specifications and publication frequency. You can […]
May 5, 2026
 · 
By Shawn Wang