Ferrous scrap

Ferrous scrap, recycling and the circular economy

All of the steel used globally is recyclable. End-of-life steel products from motor vehicles to structural steel can be recycled infinitely, creating new steels. While the promise of green steel looms, steel scrap has become a highly sort after commodity crucial to a circular economy.

Our team of experts provides global and local data-driven insights, prices, forecasts and market news to help you make sense of the forces influencing the ferrous scrap market.

Could you spot a new commodity supercycle coming to the US?
Read our latest report for a deeper dive into the critical forces pressuring the US steel market
What’s happening in the ferrous scrap market?

Get the latest ferrous scrap news and analysis from our team of expert price reporters.

Is the ‘green’ advantage held by steel companies in the US at risk as the market adopts a more rigorous approach to reducing Scope 3 emissions?
Following market feedback on the discrepancy between machine shop turnings and other ferrous scrap grades in the Houston dealer selling market, Fastmarkets proposes a realignment of the remaining grades in Houston, effective from the October 2022 monthly settlement.
Fastmarkets is proposing a comprehensive update of its stainless steel scrap prices to bring them in line with its global price reporting agency standards.
Follow the big stories impacting the global ferrous scrap market

Visit our dedicated content hubs and keep up with critical developments in steel decarbonization and the ongoing war in Ukraine

Featured ferrous scrap prices
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Anticipate global influences on commodity prices, supply and demand
A trusted reflection of ferrous scrap markets, even at their most volatile. Rest assured that your price is the most market-reflective and backed by accredited and IOSCO-compliant methodologies.
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We recognize the importance of being clear about our price assessment and index process. Our independently audited pricing process aligns with core IOSCO principles and we have successfully completed assurance reviews for our financial benchmarks in metals and mining, forest products and agriculture.
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