Ferrous scrap

Ferrous scrap market news, including sustainable steelmaking, recycled steel and ferrous scrap market analysis

Follow the critical developments impacting the ferrous scrap market with our market coverage, short- and mid-term forecasts and market-reflective ferrous scrap price data. Our team of experts provides global and local data-driven insights to help you make sense of the forces influencing the ferrous scrap market to guide your business decisions – the right way.

Also known as iron and steel scrap, the ferrous scrap market plays an essential role in the circular economy. End-of-life steel products, from motor vehicles to structural steel, can be recycled infinitely, creating new steels. All the steel used globally is recyclable, making ferrous scrap a highly sought-after material, changing the landscape of steel production worldwide.

Ferrous scrap is critical to decarbonizing the steel industry as it enables the recycling and reuse of steel products, further contributing to green steel production by creating a more sustainable and resource-efficient steel industry. Stay connected with the big stories, topics and price movements changing the ferrous scrap markets. Understand what’s driving change in the global ferrous scrap market, including new capacity sprouts in the evolving US Southern scrap market to trade flow disruptions in European markets.

Fastmarkets news and analysis of the ferrous scrap market is backed by the intelligence of industry-leading brands such as Metal Bulletin, American Metal Market, Scrap Price Bulletin and Industrial Minerals.
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The Material Recycling Association of India’s annual International Metals Recycling Conference (IMRC) on February 2-4 saw the event return to southern city of Kochi for the first time since 2019 and, judging by the demand for rooms in the run-up to the event, there has been a massive increase in the numbers attending

A Turkish mill in a region geographically unaffected by the earthquakes in the southeast of the country on February 6 made a return to the US ferrous scrap export market on Friday February 10

Flat-rolled steel producers in the United States increased spot prices for the fifth time in less than three months on Monday February 13, led by an uptick in spot demand and higher scrap prices, according to market participants; the latest hikes bring the total increases to $260 per short ton

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