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With more than 90% forecasting accuracy year-on-year, we’re bringing you a new way to stay ahead of ferrous scrap market trends. The Fastmarkets platform combines in-depth market analysis and independent monthly research, providing you with all the information you need in one place. This comprehensive resource empowers you to confidently lead price negotiations and make well-informed decisions quickly.
With Fastmarkets Ferrous Scrap Short-Term Forecasts, your service will consist of:
Aligned to Fastmarkets benchmarks and rigorous forecasting methodology, our independent short-term forecasts provide the necessary tools to predict future trends in the heavy melting steel (HMS) #1&2, bushelling, shredded, bundles, old domestic, old plate, No E3 (old thick scrap), auto, cut structural/plate, E40 and 5C domestic scrap markets. There is new regional coverage from 2024 in Mexican and Asian scrap market forecasts.
Get monthly and quarterly forecasts for heavy melting steel (HMS) #1&2, bushelling, shredded, bundles, old domestic, old plate, No E3 (old thick scrap), auto, cut structural/plate, E40 and 5C domestic spanning more than 2 years to boost your strategic planning.
Are you interested in market-reflective prices, specialist forecasts and expert analysis for the ferrous scrap market?
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With our independent short-term forecasts, stay ahead of the market. Leverage the insights to secure a competitive edge in the fast-paced ferrous scrap market.
Empower your price discussions with our unbiased and market-reflective forecasts. Make informed decisions, negotiate better deals and maximize your profit margins.
Identify potential market shifts before they happen. Our forecasts help mitigate risks by providing early signals of market changes, enabling you to adjust your strategies in advance.
Leave the heavy lifting to us. Save time on research with our comprehensive market analysis and concentrate more on your core business activities.
The Vietnamese steel market remained in a state of shutdown during the week ended Friday July 30 due to a worsening of the Covid-19 pandemic situation in the country, which limited interest in imported scrap, sources told Fastmarkets.
The Turkish steel mills continued to limit their deep-sea scrap bookings in the week ended Friday July 16 due to weak finished steel sales, while the downturn in the country had a knock-on effect on prices in the global markets.
The Vietnam Steel Association (VSA) is leading an industry-wide pushback against the country’s proposed export tax of 5% on steel billet, it said on Friday July 23.
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