Scrap
Overview
Argus provides comprehensive and detailed coverage of the global ferrous and non-ferrous scrap markets, with over 1,000 prices assessed by a global network of highly skilled market experts.
Argus’ strength lies in our ability to create appropriate methodologies for the trading dynamics of a specific spot market and to provide mechanisms for valuing scrap alloys.
Participants in the scrap industry rely on our extensive price data to act as an independent contract settlement mechanism, and use our powerful tools, like the Argus Alloy Calculator, to estimate the intrinsic value of highly engineered alloys.
Ferrous coverage
Argus offers a comprehensive regional view of the most active spot markets for ferrous scrap in regions around the world. Each price is available for direct comparison in multiple markets, with currency and unit of measurement conversions available to standardise charts and facilitate detection of favourable trade conditions.
Distinguished by either fob dealer or delivered to consumer inco terms, all prices are aligned with common industry specifications for that region. Explore the full list of scrap prices and specifications, including the length of history available on the Argus Metals platform for the grades assessed.
- Bundles
- Busheling
- Foundry/specialty
- Heavy melt
- Machine shop turnings
- Plate and structural
- Shredded scrap
- Tool steel
- Stainless and super alloys
- Alloy Calculator, where the current value of any alloy can be calculated by an intrinsic value formula in the absence of sufficient liquidity to produce a proper assessment
Non-ferrous coverage
Argus provides the full range of non-ferrous coverage from scrap price assessments on UBC, zorba, taint, tweak, and twitch products, as well as exchange data (30-minute delay LME and Comex prices are standard with Argus products) and global base metal premiums. Explore the full list of scrap prices in each non-ferrous category and visit the exchange data page to understand the unique value that Argus brings through its analysis of global exchange prices.
- Aluminium prices
- Aluminium alloy prices
- Brass/bronze prices
- Copper prices
- Lead prices
- Nickel prices
- Stainless and alloys
- Zinc prices
- Alloy Calculator, including over 200 predefined common alloys
- Exchange data
Highlights of North American coverage
Argus’ coverage of the North American scrap market focuses on spot market trading patterns within the most active regional domestic trading locations, as well as on export transactions. The full value chain is represented in the suite of Argus scrap assessments, from collected at yard to delivered to consumer prices:
- 8 containerised scrap price locations
- 14 consumer buying scrap price locations, including US and Canada
- 8 export yard scrap buying price locations
- 4 dealer selling scrap price locations
- 139 regional US and Canada non-ferrous scrap yard collection prices
- Prime and obsolete grades of scrap price assessments
- Mill and foundry grades of scrap price assessments: Titanium, stainless and scrap alloy pricing
- Southern US busheling and shredded weighted average assessments
Highlights of European coverage
Argus Scrap Markets provides context and intelligence to European domestic scrap markets to help steel mills, scrap suppliers, buyers and industrial manufacturers gain a greater understanding of the markets in which they operate. Argus produces over 50 European scrap prices assessments, including:
- German domestic ferrous scrap prices
- Spanish domestic ferrous scrap prices
- Spanish imported scrap prices
- UK domestic ferrous scrap prices
- Russia, including St Petersburg, dockside price
Highlights of Asian coverage
Argus carries Asian scrap prices from a variety of mature scrap-generating markets, and provides insightful analysis of deep-sea trades and short-sea trades. Argus covers the full scope of steel mill purchasing activity for electric arc furnace-based production, including stainless and engineered steels, in recognition of the global nature of many steel feedstocks purchased by mills across the world:
- Taiwan imported ferrous scrap prices
- India imported ferrous scrap prices
- Pakistan imported ferrous scrap prices
- Bangladesh imported ferrous scrap prices
- China, South Korea, Taiwan, Japan imported aluminium scrap prices
- China, South Korea, Taiwan, Japan imported copper scrap prices
Argus carries a variety of global scrap prices in each of its three core products — Argus Scrap Markets, Argus Ferrous Markets and Argus Non-Ferrous Markets. To discover the combination of products that will provide the most complete coverage to serve your company’s needs, contact us for a consultation. Information about Argus subscription options can be found here.
Stay ahead of the scrap metal markets
To be informed of relevant content, sign up to Argus Scrap Metal Market Highlights. Each newsletter issue provides key prices, selected news, downloadable insight papers, podcasts, and on-demand videos across the global scrap markets. Our coverage spans both ferrous and non-ferrous scrap, enabling you to explore the most active spot markets for scrap around the world.
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Browse the latest market moving news on the scrap industry.
Brazil's April pig iron exports down, scrap up
Brazil's April pig iron exports down, scrap up
Sao Paulo, 8 May (Argus) — Brazil's pig iron exports dropped in April, largely because trade with the US stalled over tariff uncertainty and a major domestic holiday in February. Brazilian pig iron producers exported around 267,155 metric tonnes (t) of pig iron in April, down by 27pc from approximately 367,165t in the same period last year. The decrease is mostly owed to market dynamics from February, as pig iron shipments usually have a two-month lag from the date in which the sale was executed to when the cargo is loaded and marked as exported, meaning April shipments were generally booked in February. A combination of factors led to the decline, including lower US demand, a major holiday in Brazil and tariff uncertainty. Some US buyers stepped out of the market in the first two weeks of February as they were sufficiently stocked at the time because of a series of purchases made in December and January. After that, Brazil-based sellers slowed exports because of Carnaval, the largest holiday in Brazil's calendar year with around five consecutive days off. In 2025 the same holiday instead stretched mostly into March. In late February, just days after Carnaval, US president Donald Trump announced that he was mulling a 5 percentage-point increase to his 10pc blanket levy, making sellers hesitant to execute sales before the policy became clearer — again slowing sales. The US accounted for 97pc of all Brazil's pig iron exports in April. There were no shipments to Europe in the period. Ferrous scrap Brazil's April ferrous scrap exports marginally increased from a year before. Brazilian scrapyards exported almost 58,810t in April, a 9pc increase from the same period last year. India and Bangladesh received over 85pc of all exports from Brazil, with Indian buyers purchasing nearly 66pc of all volumes. The remaining shipments were scattered among 17 other countries. By Pedro Consoli Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Recent deep-sea and short-sea cfr Turkey scrap deals
Recent deep-sea and short-sea cfr Turkey scrap deals
London, 8 May (Argus) — A summary of the most recent deep-sea and short-sea cfr Turkey ferrous scrap deals seen by Argus. Ferrous scrap deep-sea trades (average composition price, cfr Turkey) Date Volume, t Price, $ Shipment Buyer Seller Composition Index relevant 5-May 40,000 408 (80:20) June Samsun Cont.Europe HMS 1/2 80:20, shred, bonus Y 5-May 40,000 411 (80:20) June Izmir Scandinavia HMS 1/2 80:20, shred, bonus Y 30-Apr 40,000 415.50 (85:15) June Iskenderun USA HMS 1/2 80:20, shred, bonus Y 30-Apr 40,000 402 (80:20) May Iskenderun Cont.Europe HMS 1/2 80:20, shred, bonus N 29-Apr 37,000 406 (80:20) May Marmara Baltics HMS 1/2 80:20, shred, bonus N 28-Apr 40,000 402 (80:20) June Marmara Baltics HMS 1/2 80:20, shred, bonus N 27-Apr 40,000 410 (80:20) May Marmara Scandinavia HMS 1/2 80:20, shred, bonus Y Ferrous scrap short-sea trades (average composition price, cif Marmara) Date Volume, t Price, $ Shipment Buyer Seller Composition Index relevant 27-Apr 3,000 391 (90:10) April Turkey Moldova HMS 1/2 90:10 Y 27-Apr 3,000 390 (80:20) April Turkey Greece HMS 1/2 80:20 Y Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
US adds 115,000 jobs in April, jobless rate flat
US adds 115,000 jobs in April, jobless rate flat
Houston, 8 May (Argus) — The US added 115,000 nonfarm payrolls in April, marking the first back-to-back job gains in nearly a year, suggesting a mending labor market just as Gulf war energy impacts begin to hit the job market. Job gains in March were revised higher by 7,000 to 185,000 and employment for February was revised lower by 23,000 to 156,000 jobs lost, for a combined 16,000 lower than previously reported, the Bureau of Labor Statistics (BLS) reported. Economists surveyed by Trading Economics forecast median gains of 65,000, about even with average monthly job gains throughout all of 2025. The jobless rate held steady at 4.3pc. The data "bolster the case for thinking the labor market is convalescing," Pantheon Macroeconomics said in a note. "But the continued weakness of surveys of hiring intentions and the developing pressure on firms' costs from the surge in energy prices suggests it is too soon to sound the all-clear." Average hourly earnings rose by an annual 3.6pc in April from 3.4pc the prior month. "A good part of the slowing in the pace of job growth over the past year reflects a decline in the growth of the labor force, due to lower immigration and labor force participation, though labor demand has clearly softened as well," outgoing Federal Reserve chair Jerome Powell told reporters last week. Federal government jobs fell by 9,000 and were down by 348,000 on the back of President Donald Trump's campaign of government layoffs since reaching a peak in October 2024. Federal workers on furlough during the partial shutdown were counted as employed. Transportation and warehousing gained 30,000 jobs and retail trade gained 22,000 jobs. Private education and health services gained 46,000 jobs after 91,000 gains the prior month. Employment in information fell by 13,000, including in telecommunications, motion picture, data processing, web hosting and other artificial intelligence (AI) related industries. Information employment is down by 342,000, or by 11pc, from a November 2022 peak. Financial activities lost 11,000 jobs. Manufacturing lost 2,000 jobs and is down over the past year. Mining and logging gained 3,000 jobs. By Bob Willis Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
CFC Recycling acquires Goolsby & Sons
CFC Recycling acquires Goolsby & Sons
Houston, 7 May (Argus) — Tennessee-based CFC Recycling has acquired Goolsby & Sons (G&S) Recycling, expanding its footprint in the state with a third scrapyard and adding a new feedstock source for its nonferrous shredder. CFC plans to temporarily close the G&S site in Gallatin, Tennessee, to renovate buildings and equipment and to concrete surfaces, the company told Argus on Thursday. CFC plans to fully reopen the location in June after holding a soft opening on 18 May. Financial details of the acquisition were not disclosed. CFC runs scrapyards in Tullahoma and McMinnville, Tennessee, recycling both ferrous and nonferrous scrap. It operates a 3Tek Bravo 6280 hammer mill shredder, through which it shreds stainless steel and "aluminum specialty items". By Alex Nicoll Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
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