Alex Kershaw unpacks the recent volatility in global scrap steel markets and what is driving price movements across key regions. From the US and Europe to Turkey and China, the discussion explores how rising energy and freight costs are lifting prices despite weak steel demand.

In this short episode of Fast Forward, Alex Kershaw, senior analyst for steel, raw materials and ferrous scrap at Fastmarkets, unpacks the recent volatility in global scrap steel markets and what is driving price movements across key regions.

Vietnam’s ambitions to become a burgeoning processing hub for secondary metals is hitting a wall of private-sector skepticism, Fastmarkets heard on the sidelines of the Third China Metal Recycling Spring Conference (CMRA 2026) held in Hanoi, Vietnam on May 9-12.

Fastmarkets launched two new aluminium scrap prices on Thursday, April 9, adding to Fastmarkets’ suite of recycled non-ferrous metals price assessments. The launch will elevate and expand Fastmarkets’ aluminium scrap coverage by including the following grades: Section 232 tariffs and the resulting high aluminium premiums have led to increased costs and rising interest in recycled […]

Here are the key takeaways from market participants on US ferrous scrap metal prices, market confidence, inventory and more from our April survey.

The additional kilogram-based prices, to be calculated from existing pound-based assessments, are intended to improve clarity and align the assessments more closely with prevailing commercial practices in Mexico’s non-ferrous scrap markets. Market participants commonly reference kilogram-based prices in submissions, transactions and negotiations, particularly in key regions such as Monterrey and Bajío. Publishing complementary peso per […]

Here are the key takeaways from market participants on US ferrous scrap metal prices, market confidence, inventory and more from our March survey.

No feedback was received during the consultation period and therefore no changes will be made to the methodologies at this stage. This consultation sought to ensure that our methodologies continue to reflect the physical market for our audited secondary aluminium price assessments, in compliance with IOSCO’s principles for Price Reporting Agencies (PRAs). This includes all […]

Fastmarkets invited feedback from the industry on the pricing methodology for its non-ferrous materials and industrial minerals prices, via an open consultation process between January 6 and February 6. This consultation was done as part of our published annual methodology review process.

Fastmarkets published its assessment of the MB-STE-0232 steel scrap No1 busheling, consumer buying price, delivered mill Chicago, $/gross ton on Monday February 9, 2026.