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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.
China’s new tax regime for ferrous raw materials and steel exports will kick off a new era for the steel sector, one in which demand and supply will become more balanced and the country cuts its dependency on iron ore at a faster pace.
Turkish deep-sea scrap import prices have increased sharply since China decided to remove the export tax rebate on some steel products. But demand among major scrap importers in Asia was still limited because of upcoming holiday periods in the region.
The world is looking for cleaner metallics. That has been the undeniable tenor from the steel industry for months. The United States already makes a majority of its steel via the cleaner electric-arc furnace production method, and European steelmakers have announced similar investments. In China, the government is cracking down on high-polluting steel output, and it recently announced the removal of import tariffs on clean metallics such as ferrous scrap and pig iron.
As well as forecasting and analysis for the ferrous scrap market, we also offer news, price data and forecasting and analysis for the global metals markets.
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