Overview

Argus Scrap Markets provides unbiased, market-reflective pricing and expert insight across global ferrous and non-ferrous scrap markets. With more than 1,000 price assessments powered by region-specific methodologies and a worldwide team of specialists, Argus gives organisations the clarity and confidence they need to navigate fast moving scrap markets.

At a glance

  • Updates across major scrap-trading regions
  • Ferrous, non-ferrous, stainless and alloy scrap coverage
  • Unbiased, market-indicative assessments
  • Expert commentary on supply, demand, and trade flows
  • Datasets for trend analysis and planning

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How Argus assesses scrap markets

  • Market-reflective design
    Built to mirror how ferrous and non-ferrous scrap markets trade, aligned to standard grades, volumes, locations and terms.

  • Robust price assessments
    Physical market assessments that are reliable, representative and free from distortion.

  • Broad market input
    Informed by data from producers, consumers and intermediaries.

  • Clear specifications
    Minimum volume, delivery, timing and quality ensure tradable value.

Who uses this service

Argus Scrap Markets is relied on daily by organisations across the scrap, steel, recycling and manufacturing value chain. Each user group leverages Argus data to make faster, more confident and better-informed decisions.

Recyclers & Scrap Processors

Use Argus assessments to value, price and sell scrap with confidence.


  • Benchmark buy and sell side prices using reliable assessments.
  • Track grade-specific shifts to maximise recovery and margin.
  • Strengthen negotiations with transparent, methodology-based pricing.

Steel Mills and Metal Producers

Rely on accurate scrap inputs to manage cost, planning and melt-shop operations.

  • Benchmark feedstock costs using consistent, region-aligned assessments.
  • Monitor market movements to optimise procurement and scheduling.
  • Reduce volatility risk with reliable, regular market visibility.

Industrial Manufacturers Generating Scrap

Ensure fair valuation and optimal recovery of production scrap.

  • Price prime scrap accurately using objective assessments.
  • Improve contract terms with transparent, defendable benchmarks.
  • Support budgeting with consistent, grade-specific market insight.
 

Scrap Traders & Brokers

Trade smarter across regions using real-time price intelligence.

  • Identify spreads and arbitrage opportunities across global markets.
  • Build trading positions on transparent, trusted assessments.
  • Serve clients with authoritative pricing and market context.

Frequently asked questions

To ensure the highest level of data fidelity, Argus aligns the frequency of its assessments with the markets whether daily, weekly or monthly.

Argus delivers data, news and analysis through a range of flexible channels to fit how you work. You can access everything via the Argus Direct® online client portal, which provides real-time price assessments, exclusive news, interactive dashboards, charts, alerts and downloadable market reports. For advanced needs, Argus also supports analytics and modelling tools, direct system integration via secure data feeds (API/FTP), email delivery of reports, and access through industry partner platforms

Europe, Middle East, Asia-Pacific, North America, and region-specific hubs including Turkey, Japan, South Korea, Taiwan, India, US Midwest, US east coast, Canada, Mexico, UK, and continental Europe.

Argus provides extensive ferrous scrap coverage across global markets, including:

  • Bundles: #1 bundles such as 4A/4C new steel bales and tin cans from major steel-producing regions (US, Canada, UK, Turkey).
  • Busheling: #1 busheling (E8/8B/12A/12C) with regional pricing for the US and Canada plus national prices for Italy, Mexico, the UK and Turkey.
  • Foundry & specialty: Cast iron and black/foundry scrap in key US consuming regions and at the yard level in several distinct regions across the US and Canada.
  • Heavy melt (HMS): Regional HMS prices in the US and Canada; E1/E2/E3/E8 in Europe; HMS ½ in Europe and Asia; H1/H2/A3 in Asian markets.
  • Machine shop turnings: Regional US and Canadian prices, plus Germany E5 and European containerised turnings.
  • Plate & structural: P&S 5ft across the US, Canada and Mexico; A3B/OA/Russian, Turkish and UK scrap bonus.
  • Shredded: Key US and Canadian shredded markets; Turkish shredded; 3B/5A/5C containerised material across Asia and Europe.
  • Tool steel: US pricing for H13, M1, M42, T1 and T15 tool steel scrap.

The service provides comprehensive stainless and high alloy scrap coverage:

  • Stainless steel scrap: 304 & 316 solids from Europe, India, Japan, South Korea, Taiwan; US prices for grades including 201, 301, 304, 309, 310, 316, 330, 409/410 and 430.
  • Inconel: US scrap prices for 600, 601, 617, 625 and 718.
  • Cupro nickel & superalloys: Coverage across key regions.
  • Nickel premiums & scrap: Additional nickel-based scrap assessments.

Argus provides extensive non-ferrous scrap pricing across global markets:

  • Copper & brass: Bare bright, #1 and #2 copper scrap from the US, Asia and Europe.
  • Aluminium scrap:
    • Asia: taint/tabor, tense, Zorba, metallurgical-grade aluminium.
    • Europe: 6063, P1020, taint/tabor, tense, wheels.
    • US: 6061/6063 extrusions, P1020, clips, wheels, UBCs, radiators, MLC, twitch, tweak, turnings, Zorba, siding, mixed solids/turnings.
  • Zinc scrap: US galvanisers’ scrap, die-cast material and secondary alloys (ZAMAK grades).
  • Titanium scrap
    • US: CP1, CP2, CP3/4 solids.
    • US aerospace quality vacuum-grade bulk weldable, clips, and turnings.
    • US and EU 6Al/4V turnings.

Secondary alloys: Key casting-alloy grades including A356, A380, 319, B390, ADC12, DIN226, DIN230, DIN231 and DIN239.

Yes. Argus includes exchange pricing from:

  • London Metal Exchange (LME)
  • Chicago Mercantile Exchange (CME)
  • Shanghai Futures Exchange (SHFE)

Real‑time options are available depending on data access level.

The Alloy Calculator provides a fast, accurate way to convert alloy element prices into melt-cost values, supporting procurement, planning and cost-modelling decisions.

  • Includes 200+ predefined alloys
  • Helps optimise blend selection and cost projections

Supports analysis across ferrous, non-ferrous and specialty materials

Argus provides market-relevant updates covering:

  • Global ferrous and non-ferrous market developments
  • Trade flows, pricing trends and market drivers
  • Optional delivery formats including:
    • Client portal access
    • Market-briefing emails
    • The Argus app
    • End-of-day PDF reports

Subscribers benefit from a suite of analytics capabilities:

  • Dynamic dashboards
  • Advanced charting
  • Localised currency conversions
  • Data‑feed integrations
  • Intrinsic value calculations via the Alloy Calculator

Tools are supported by Argus’ regional analytics and client-service teams.

Argus provides a set of rich, supplementary Excel datasets for deeper market analysis, including:

  • US bulk ferrous scrap vessel exports and imports
  • Turkish ferrous scrap import deals
  • US steel capacity-addition tracker
  • US monthly exports by scrap grade
  • US monthly iron metallics & scrap imports
  • US port-level ferrous scrap exports
  • Bulk deep-sea ARAG shipments
  • Bulk deep-sea UK shipments

These datasets support trend analysis, charting, correlation identification and forward-market insights.


Argus tracks scrap prices at multiple points in the supply chain to reflect how scrap is collected, traded and consumed. Yard prices represent the prices paid by scrap yards and processors when purchasing material from suppliers, such as manufacturers or collectors. Mill prices reflect delivered scrap values paid by steel mills, metals producers or foundries, incorporating factors such as transport, quality and specification requirements. Trade prices capture transactions in the domestic and international scrap markets, including export and import deals that influence global scrap flows. Argus ensures each assessment is aligned to clearly defined specifications, locations and trading terms so prices reflect real, tradable market conditions at each stage of the scrap market.

Argus provides market intelligence and trading insights by combining independent price assessments with expert analysis of supply, demand and trading behaviour across global scrap and metals markets. Through services such as Argus Scrap Markets, users receive regular price updates, regional market commentary, and insight into trade flows, procurement activity and pricing trends. These insights are supported by transparent methodologies, local market input from buyers and sellers, and analytical tools that help market participants identify price drivers, assess risk and make more informed trading and procurement decisions in fast-moving markets.

Related resources

Key price assessments

Argus ferrous and non ferrous scrap price assessments are recognised by the market as trusted and reliable indicators of real market value. Our global scrap prices are published at frequencies that reflect true market liquidity, helping users track meaningful price movements with confidence.