Scrap Price Bulletin is part of Fastmarkets

Despite growing concerns around the health of the US economy and the impact of rising inflation, the US ferrous scrap market should stabilize and recover moderately this year after a period of sustained downside pressure throughout much of 2022, according to panelists at Fastmarkets’ Scrap & Steel conference 2023 in Dallas, Texas

Given the sharp price increases recorded by several major seaborne steel scrap markets at the start of this new year, it can be easy to forget the host of structural issues still bubbling under the surface of the trade

What does 2023 have in store for the US scrap market? Find out today in our monthly US steel scrap price trends outlook

Positive feedback has spurred Aurubis to expand its investment in the United States and examine growth opportunities globally within its core business and in new fields

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