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. 

Steelmakers in Taiwan are planning for severe production cuts this summer amid a surge in electricity costs starting in April, coupled with dismal steel demand in the spot market, sources have told Fastmarkets

There is a real sense among participants that the ferrous scrap markets in Gulf Cooperation Council (GCC) nations may be getting ready to really heat up

North American steel scrap prices are expected to rise in April, for a fifth straight month, supported by a lingering shortage of certain grades of material and steady demand

Recycling is increasingly being considered the best way to reduce carbon emissions from metals production, and huge investment in recycling facilities has been seen in recent years, with robust merger and acquisitions activity

While domestic copper demand has remained low, US exports of copper scrap continued to grow in 2022, rising 1.54% over 2021 levels, according to US International Trade Commission data

March ferrous market poised for staunch increase

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 import, cfr main port Northern Europe, €/tonne
    • Steel hot-rolled coil import, cfr main ports South America, $/tonne
    • Steel reinforcing bar (rebar) domestic, exw Egypt, E£/tonne

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

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