Overview

Argus Scrap Markets provides robust, unbiased pricing and reporting across ferrous and non-ferrous scrap, covering steel, stainless steel, base and minor metals. A wide range of new European, Middle Eastern, Asia-Pacific and American scrap prices have been introduced to Argus Scrap Markets – delivering a truly global service for the scrap and smelting industry.

Besides indexation-standard assessments, the service includes additional regional price data from Argus Ferrous Markets and Argus Non-Ferrous Markets. Subscribers also gain access to powerful tools on the Argus Metals platform, such as the Argus Alloy Calculator for calculating scrap value, and customisable price alerts.

The Argus US Ferrous Scrap report is available for those seeking a concise and focused view of regional settlement prices in the US, supporting contract settlement and indexation with the Southern US busheling and shredded weighted average assessments, and newly added Mexico ferrous scrap specifications for #1 busheling, Mixto, Pesado and P&S. 

Key features

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Assessments

Over 600 scrap price assessments across ferrous and non-ferrous metals.

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Global service

24/7 support with 28 offices across Asia-Pacific, Africa, Europe and the Americas.

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Exchange data

Delayed and real-time exchange data available from the LME, CME Group’s Comex and Nymex, and SHFE.

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News

Receive email and app alerts on breaking scrap news, wherever you are.

Key developments

In-depth analysis of key developments that help you understand the impact on your business.

Methodology

Independent, transparent and trusted methodology.

Customers that benefit

The Argus Scrap Markets service provides a strong view of the metal markets in the context of the global scrap and smelting industry. Below are examples of how some clients use this service:
  • Scrap yards and traders 

    Scrap yards and traders rely on Argus’ ferrous and non-ferrous scrap price assessments to act as a reliable mechanism to perform contract settlement and indexation with counterparties. Daily market news also allows scrappers and traders to negotiate from a position of strength.

 

  • Steel mill buyers

    Steel mill buyers and their scrapyard suppliers reference price data from the Argus Scrap Markets in their settlement values. Market intelligence on regional supply and demand for scrap also informs their short and medium-term commercial strategy.

 

  • Automotive recyclers

    Automotive recyclers use Argus Scrap Markets to estimate the value for shredded metals, including copper, aluminium and steel.
  • Automotive parts manufacturers

    Automotive parts manufacturers generate a variety of ferrous and non-ferrous scrap as they use aluminium, steel, copper, nickel, stainless steel and other metals in the manufacturing process. The Argus Scrap Markets service is used to index scrap shipments to recyclers for processing.

 

  • Aluminum recyclers

    Aluminum recyclers need buying prices for the used beverage cans they process. If their offers are too high, razor-thin margins erode. But if they are too low, the smelter is starved of supply and must turn to higher-cost feedstocks. Exchange data feeds and Argus’ price indexes provide this business with supply certainty at a sustainable price.