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We provide you with the price data and insights to understand the forces driving market volatility, interpret economic developments and recognize factors impacting the supply chain.
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Explore live news, price data, forecasts and analysis for scrap traders
The consumption of steel scrap in the United Arab Emirates (UAE) was expected to rise sharply in the coming years amid expansions in steelmaker capacities to feed greater steel demand
Despite this, in their discussion on manganese ore and manganese alloys, experts including Asia Minerals Limited (AML) director Gautam Kumar, Project Blue founder Jack Beddar and WoodMac research director Kevin Fowkes weighed in on the various methods for reducing carbon emissions and the challenges they pose for ferro-alloys producers. “The problem is the most hazardous […]
Please note Fastmarkets has corrected its index assessments for steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey, MB-STE-0416, and steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey, MB-STE-0417, which were published incorrectly on Thursday November 9.
Fastmarkets proposes to amend the publication time of its Bangladesh steel scrap import price assessments to 4pm UK time from 5-6pm Singapore time currently.
US steel scrap prices ahead of November trade The Trend Indicator has rebounded into bullish territory, at 61.4 for November compared with a resolutely bearish 45.6 in October. This month’s indicator is at its highest since March’s outlook, when it was 65.2. The Outlook’s prediction model allows for an average month-on-month price increase of 5.1%. Respondents […]
Fastmarkets launches an index for the domestic ferrous scrap market in the United Arab Emirates (UAE) on Tuesday October 17.
With increasing volumes of shredded scrap being exported from the US West Coast, Fastmarkets is launching a shredded scrap export index to balance its ferrous scrap exports offering from the US East and West Coasts
Amid recent headlines about volatile bunker prices, rampant port congestion and a jump in ocean freight costs, metal market participants might be forgiven for thinking they have returned to 2021
This price is scheduled for publication at 6pm Singapore time, twice-weekly, but was published four hours late.
Bears out of hibernation ahead of October ferrous scrap trade
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