Q1 2025
In the first quarter of 2025, the busheling scrap market experienced a notable downturn, with prices declining by $387.68 per metric ton, FD Rotterdam representing a 1.17% decrease. This price movement suggests a softening in demand or an oversupply situation, possibly due to slower industrial activity or shifts in steel production cycles. The relatively modest percentage change, despite the large nominal drop, indicates that the market had been trading at high price levels previously. Market participants may need to reassess inventory strategies and procurement timelines as the price correction could signal the beginning of a broader trend or simply a short-term adjustment driven by macroeconomic or seasonal factors.
Q4 2024
In Q4 2024, busheling scrap experienced a notable price decline, dropping by $392.28 per metric ton, FD Rotterdam which represents a 4.49% decrease compared to the previous quarter. This downward shift suggests a softening in demand or an oversupply in the market, potentially influenced by broader economic factors such as reduced industrial output or changes in raw material sourcing. The price correction may prompt scrap suppliers and buyers to reassess their strategies, balancing inventory levels and contract terms to navigate the volatility in the coming months. Overall, the decline underscores the need for careful market monitoring to anticipate further fluctuations in the busheling scrap sector.
Q3 2024
In Q3 2024, busheling scrap experienced a notable price decline of $410.71 per metric ton, FD Rotterdam representing a 2.19% decrease compared to the previous quarter. This downturn reflects a moderation in demand or an oversupply in the market, possibly influenced by shifts in global steel production or raw material sourcing strategies. The price drop may signal caution among buyers or a temporary imbalance in scrap availability, suggesting that stakeholders should closely monitor market dynamics and inventory levels to optimize procurement and sales strategies in the upcoming quarters.
Q2 2024
In Q2 2024, the busheling scrap market experienced a notable price decline, dropping by $419.93 per metric ton, FD Rotterdam which equates to a 4.76% decrease compared to the previous quarter. This downward trend suggests a softening demand or oversupply in the scrap market during this period, potentially influenced by fluctuations in steel production, changes in global recycling policies, or shifts in raw material sourcing. The price reduction may also reflect broader economic uncertainties or decreased industrial activity, prompting stakeholders to reassess procurement and inventory strategies to adapt to the more cost-competitive environment.
Q1 2024
In the first quarter of 2024, busheling scrap experienced a notable price increase of $440.93 per metric ton, FD Rotterdam representing a 6.56% rise compared to the previous period. This upward trend indicates stronger demand or supply constraints in the scrap metal market, potentially driven by increased industrial activity or raw material shortages. The price surge reflects a tightening market environment, suggesting that buyers may face higher procurement costs moving forward. Overall, the quarter signals a bullish phase for busheling scrap, emphasizing the need for strategic sourcing and cost management in related industries.
PriceWatch is your trusted resource for tracking global busheling scrap price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the busheling scrap market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, PriceWatch keeps you fully informed of market dynamics.
In addition, PriceWatch provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With PriceWatch, you gain a competitive edge in understanding all the elements that influence busheling scrap prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely busheling scrap market data.
Track PriceWatch's busheling scrap price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.
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Busheling scrap is clean; prime steel scrap generated during the stamping and manufacturing of new metal products. Typically consisting of uncoated, new sheet steel clippings and punching, busheling scrap is free from rust, paint, and other contaminants. It is widely used in the steelmaking industry as a high-quality feedstock for electric arc furnaces (EAFs), contributing to the efficient production of new steel. Due to its uniform composition and high density, busheling scrap enhances melting efficiency and reduces energy consumption in metal recycling processes.
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PriceWatch Quotation Terms:
Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.
Property | Specification |
Material | Clean steel scrap; punchings, stampings, and sheet clippings |
Composition | Low residual elements; typically free of coatings, rust, and oil |
Carbon Content | Low (varies depending on source, generally <0.25%) |
Size | Usually, ≤ 60 cm x 60 cm (can vary based on buyer requirement) |
Density | ~0.8 to 1.2 tons/m³ |
Applications
Raw Material Quality and Composition – The type and cleanliness of scrap (e.g., presence of contaminants or alloy content) significantly affect its value.
• Supply and Demand – Availability of scrap from demolition, manufacturing waste, or other sources and demand from recycling plants impact prices.
• Processing Costs – Expenses related to sorting, cleaning, and transporting scrap materials can influence the final price.
• Global Scrap Market Trends – International demand, especially from large steel-producing countries, can drive price fluctuations.
• Regulatory Policies & Environmental Standards – Government regulations on scrap recycling, import/export controls, and environmental compliance can affect pricing.
• Seasonal Factors – Construction cycles and industrial activity levels can cause seasonal variations in scrap supply and demand.
• Currency Exchange Rates – Since scrap is often traded globally, changes in currency values can influence prices in local markets.
The availability and cost of raw materials such as high-carbon steel and alloy coatings directly affect busheling scrap production costs and pricing.
Busheling scrap prices tend to increase with inflation, driven mainly by higher raw material and processing costs, while steady demand from recycling and manufacturing industries supports price stability even amid economic volatility.
PriceWatch offers a range of tools and services to track commodity prices effectively:
Real-Time Data: Access market intelligence and data on global busheling scrap supply chains.
Expert Analysis: Insights into market trends and potential risks.
Risk Assessment: Tools to evaluate supply chain vulnerabilities.
Benchmarking: Compare busheling scrap prices and sourcing practices.
Supplier Intelligence: Information on supplier reliability and financial health.
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