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. 

US ferrous scrap dealers shared concerns about the domestic market’s outlook, citing market chatter that cut and shredded scrap prices could fall in the upcoming trade despite shrinking flows into recycling yards

A raft of bookings for steel scrap in both Turkey and Pakistan this week ahead of the Islamic holy festival of Eid al-Adha has led to an acute rise in offer prices to key Asia bulk markets, sources told Fastmarkets

Shagang Group, China’s largest privately-owned steel producer in Jiangsu province, East China, has announced a 50 yuan ($7) per tonne cut to its scrap procurement prices due to lower steel scrap consumption by domestic steel mills amid thin profits or even losses, market sources said

Exporters of steel scrap have continued to explore alternative destination markets for sales of deep-sea scrap cargoes because of the slump in prices in Turkey, sources said in the week ended Friday June 24

A wide variety of factors have contributed to “a really shaky period” in international trade, delegates heard at the 86th meeting of Irepas, the International Rebar Producers & Exporters Association, held in Istanbul, Turkey, on May 29-31, 2022

Steel Dynamics Inc (SDI) is aiming for its new $1.9-billion electric-arc furnace (EAF) mill in Sinton, Texas, to be operating at 80% capacity by the third quarter before hitting full capacity by year-end, chief financial officer Theresa Wagler said at Fastmarkets’ Steel Success Strategies conference in Miami Beach, Florida, on Monday June 6

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.

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