Scrap prices and metals recycling

Pricing transparency for metals recycling and global scrap markets in the circular economy

Welcome to Fastmarkets metals recycling 

The world of metals is evolving, and so are we. What you’ve known as our scrap and secondary pillar is now rebranded as metals recycling – a name that better reflects the dynamic, technology-driven industry it represents today. This change underscores our commitment to staying ahead of industry trends and supporting a sector that’s critical to the circular economy and sustainable supply chains. 

Metals recycling is no longer just about scrap. It’s a process that plays a vital role in global sustainability efforts.  

  • Sustainability: Recycling metals uses significantly less energy than mining virgin ore, reducing emissions and environmental impact 
  • Strengthening supply chains: Recycling metals provides a reliable, sustainable source of materials for manufacturing, construction, electronics and more 
  • Circular economy goals: Metals recycling is at the forefront, driving innovation and reducing waste 

While the name has evolved, our trusted methodologies, pricing processes and benchmarks remain unchanged. Fastmarkets continues to deliver the same reliable data, analysis and insights that you’ve come to depend on. Our market reflective price data, news and forecasts combine the commodity intelligence of familiar names like Metal Bulletin, American Metal Market, Scrap Price Bulletin and Industrial Minerals. 

Build your personalized view of the metals markets in the Fastmarkets dashboard

What’s happening in the scrap and secondary metals recycling markets?

Scrap and secondary metals recycling markets are in a state of flux. Our expertise spans a wide range of recycled materials, including ferrous and non-ferrous metals, ensuring you have the information you need to make informed decisions. 

An abundance of quietly transacted higher-priced deals on ferrous scrap and a recovery in hot-rolled coil prices have been fueling expectations of a strong kick-off to the year in the January 2023 trade

Turkish steelmakers are facing multiple challenges, with a squeeze in scrap availability the main problem, along with high energy costs, a weak lira and low export demand, speakers at the 2022 Middle East Iron & Steel (MEIS) conference in Dubai said on Tuesday, December 13

The US Midwest ferrous scrap market rebounded in December, and nothing appears to be standing in the way of more upside in January

Copper scrap discounts in the United States were stuck in a holding pattern on Wednesday December 7, while brass prices consolidated recent gains amid rising prices on The Commodity Exchange (Comex)

Recycling and sustainable production have become topics that mining companies have had to face up to, the audience at Mines and Money’s Resourcing Tomorrow conference heard

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

How can we help you?

Our global team of over 200 price reporters provides over 900 proprietary scrap prices

Delivered to you as the markets are changing from reporters embedded in the global scrap and secondary markets

With an over 90% accuracy rating, our forecasting helps you understand what’s next for the scrap and secondary market

Grow and protect your profits and insulate your business from volatility with the Fastmarkets risk management team

Fastmarkets’ metals consulting is your partner in creating value and managing risk

Learn how the Fastmarkets platform can help you navigate the fast-moving metals market

Market report

This report brings together a wide range of opinions from US scrap industry participants and delves into the expectations for the market in the upcoming month, providing a deep dive into price movements and market dynamics by region, market side and more.

Find a metals and mining price
    • Steel hot-dipped galvanized coil (cold-rolled base), fob mill US, $/cwt
    • Steel wire rod cold-heading quality, ddp, $/cwt
    • Steel bar 8 x 11.5-inch channels merchant products, fob mill US, $/cwt

    Find out how we assess and forecast prices for the global metals market

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    Whether you’re interested in learning how to become a customer from our sales teams or looking to get in touch with one of our reporters, we’re here for you.

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