Scrap Price Bulletin is part of Fastmarkets

Our monthly US steel scrap price outlook helps you to make sense of critical indicators impacting price movements, allowing you to forecast scrap prices one month ahead

The US domestic ferrous scrap trade has kicked off with higher offers across the board, but market participants indicated that negotiations have turned rocky in some regions, with some sellers holding out for bigger increases

Brazil-based Gerdau will invest up to 1.5 billion Reais ($277 million) in solar and wind power projects by acquiring a third of energy generation and commercialization company Newave Energia, advancing its decarbonization goals, the steelmaker said on Friday November 25

The global trade for metals shipped in containers is being constrained by weak demand despite lower freight costs and higher availability of boxes compared with earlier in the year, sources have told Fastmarkets

The steel scrap market is undergoing a monumental shift as the pull of decarbonization, growing market consolidation and supply shortages propel steel scrap into ‘hot’ commodity status

Steel producers Tata Steel Netherlands, Salzgitter Flachstahl and Thyssenkrupp Steel Europe will supply carmaker Ford’s Europe division with low-carbon steel for its future vehicles, the car company said on Tuesday October 25

US steel scrap prices are experiencing historic highs — but as the market stabilizes, will the spread between busheling over shredded continue to widen beyond historical averages in 2023?

Rebar prices have maintained historically high spreads over those of shredded scrap — the steel product’s key feedstock — in 2022 due largely to robust end-use demand, but that gap is expected to narrow in 2023, according to Fastmarkets analysts

The United States ferrous scrap market remains depressed with some sellers no longer holding out hope that a bottom is near

Is the ‘green’ advantage held by steel companies in the US at risk as the market adopts a more rigorous approach to reducing Scope 3 emissions?