Scrap Price Bulletin is part of Fastmarkets

Indian imports of aluminium scrap have been rising consistently in recent years, creating significant demand among market participants for more transparent, comprehensive CIF India pricing.

Fastmarkets will amend the frequency of its price assessments for MB-STE-0879 Steel scrap H2 Japan origin import, cfr South Korea and MB-STE-0880 Steel scrap HMS 1&2 (80:20) deep-sea origin import, cfr South Korea on Friday April 12.

Fastmarkets has corrected its MB-STE-0894 steel scrap HMS 1&2 (80:20 mix), month-to-date deal-weighted average, North Europe origin, cfr Turkey, $/tonne, which was published incorrectly on Wednesday April 10.

Fastmarkets is launching a 30-day consultation to relist its assessment of the MB-STE-0309 steel scrap machine shop turnings, consumer buying price, delivered mill Pittsburgh.

Fastmarkets has corrected its MB-CU-0302 copper scrap No1 copper, buying price, delivered to brass mill US, US cents/lb, which was published incorrectly on Tuesday April 9.

Turkey has announced a halt on exports to Israel of a range of steel, aluminium and copper products amid the continued conflict in Gaza, the Turkish Ministry of Commerce said on Tuesday, April 9.

Fastmarkets is inviting feedback from the industry on the methodology for its audited ferrous scrap price assessments and indices, as part of its announced annual methodology review process.

Aluminium scrap dealers selling to large recycling companies in Brazil are facing cash flow difficulties because they have been forced to receive delayed payments, which may lead to more severe outcomes, like company closures, sources told Fastmarkets

The publication of Fastmarkets’ India import shredded steel scrap index for Tuesday April 2 was delayed due to a technical issue. Fastmarkets’ pricing database has been updated.

The publication of Fastmarkets’ weekly assessments for steel scrap auto bundle scrap domestic, delivered Turkey and steel scrap melting scrap from shipbreaking domestic, delivered Turkey for Monday March 25 were delayed due to a reporter error. Fastmarkets’ pricing database has been updated.