Scrap Price Bulletin is part of Fastmarkets

Demand for ferrous scrap rises in North America is surging and competition in the region for scrap and iron metallics is hotting up

What’s the market sentiment for December? Read on for a summary of the results of our US ferrous scrap market survey for December, or click here to download your copy of the full US Scrap Trends Outlook for December 2023. The US ferrous scrap market is hotting up in winter months Significantly depressed scrap flows […]

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

Bears out of hibernation ahead of October ferrous scrap trade

Bulls increasingly optimistic for higher scrap prices in September

The US steel scrap market may drag the bottom in August with the market caught in a stalemate between tight supply and low demand

North American steel scrap prices could face their third consecutive month of decline across all grades in July as traditional summer production slowdowns hinder demand

The share of direct-reduced iron (DRI) being used by Indian induction furnaces and foundries has grown over the last month, despite efforts by a strong scrap lobby to use more of the secondary raw material to reduce carbon emissions in the country

In contrast to the apparent widespread belief that war would lead to a surge in scrap collections in Ukraine, volumes actually fell in 2022 and are likely to fall again in 2023, according to the head of Ukranian commodities think-tank, GMK Center

The outlook for North American steel scrap prices has headed further into bearish territory ahead of June’s trade, with prices for all grades expected to fall again after a round of across-the-board decreases in May