For the Quarter Ending June 2026
Rerolling Scrap Prices in APAC
- In India, the Rerolling Scrap Price Index rose by 3.27% quarter-over-quarter, supported by tight supply.
- The average Rerolling Scrap price for the quarter was approximately USD 400.00/MT based on assessments.
- Rerolling Scrap Spot Price remained pressured by competitive imported offers, keeping the Price Index subdued.
- Rerolling Scrap Price Forecast signals modest softness as monsoon season and balanced imports curb procurement.
- Rerolling Scrap Production Cost Trend remained stable, with logistic and insurance premiums increasing landed costs.
- Rerolling Scrap Demand Outlook is mixed as infrastructure projects support consumption but private demand subdued.
- Inventories remained comfortable across yards, weighing on the Rerolling Scrap Price Index and limiting momentum.
- Geopolitical risks and higher war-risk premiums could raise import parity, supporting Rerolling Scrap Price Forecast.
Why did the price of Rerolling Scrap change in June 2026 in APAC?
- Increased imported cargo availability reduced landed costs, pressuring domestic offers and weakening the Price Index.
- Moderate downstream procurement amid slow construction demand limited buying urgency, leaving inventories comfortable across regions.
- Elevated logistics and insurance premiums raised landed costs, adding procurement uncertainty and short-term supply risk.
Rerolling Scrap Prices in North America
- In North America, the Rerolling Scrap Price Index increased quarter-over-quarter during Q2 2026, supported by higher ferrous scrap collection costs, resilient steel production, and steady downstream demand.
- The average Rerolling Scrap price for the quarter remained firm as domestic scrap availability tightened and suppliers adjusted offers to reflect higher procurement and logistics costs.
- Rerolling Scrap Spot Price strengthened as steel mills maintained active procurement amid balanced inventories and stable manufacturing activity.
- Rerolling Scrap Price Forecast indicates stable-to-firm market conditions in the near term, influenced by scrap generation, steel production rates, and global ferrous scrap trade.
- Rerolling Scrap Production Cost Trend remained elevated due to higher collection, processing, labor, transportation, and energy costs across the recycling supply chain.
- Rerolling Scrap Demand Outlook remains steady, supported by consumption from electric arc furnace (EAF) steel mills, long steel producers, rerolling mills, construction steel manufacturers, and engineering industries.
- The Rerolling Scrap Price Index reflected firm mill buying interest as balanced inventories and healthy steel production supported market sentiment.
- Regional supply remained adequate; however, fluctuations in scrap collection volumes, export demand, and freight costs continued to influence procurement strategies.
Why did the price of Rerolling Scrap change in June 2026 in North America?
- Higher scrap collection and processing costs increased replacement values, supporting stronger supplier offers during June.
- Steady procurement by EAF steel mills and rerolling facilities maintained healthy demand for ferrous scrap.
- Balanced inventories and firm steel production activity supported the upward movement in the Rerolling Scrap Price Index during June 2026.
Rerolling Scrap Prices in Europe
- In Europe, the Rerolling Scrap Price Index increased quarter-over-quarter during Q2 2026, supported by higher ferrous scrap procurement costs, elevated energy prices, and stable steel sector demand.
- The average Rerolling Scrap price for the quarter remained firm as recyclers passed through higher collection, processing, and transportation costs.
- Rerolling Scrap Spot Price maintained a firm trend amid balanced scrap availability and consistent purchasing from steel manufacturers.
- Rerolling Scrap Price Forecast indicates stable-to-firm pricing in the near term, supported by steel production levels, export demand, and scrap availability across the region.
- Rerolling Scrap Production Cost Trend increased due to higher labor, energy, transportation, and scrap processing expenses across European recycling facilities.
- Rerolling Scrap Demand Outlook remains steady, supported by demand from electric arc furnace steel producers, rerolling mills, construction steel manufacturers, infrastructure projects, and engineering applications.
- The Rerolling Scrap Price Index reflected higher procurement costs while balanced inventories and stable steel output maintained firm market conditions.
- Regional supply remained sufficient; however, fluctuations in export demand, collection rates, and logistics costs continued to influence supplier pricing strategies.
Why did the price of Rerolling Scrap change in June 2026 in Europe?
- Higher scrap collection costs and elevated energy prices increased recycling and processing expenses, supporting firmer supplier quotations during June.
- Stable demand from EAF steel mills and construction steel manufacturers sustained consistent procurement activity.
- Balanced inventories and healthy steel production limited downward pressure, keeping the Rerolling Scrap Price Index firm during June 2026.
For the Quarter Ending March 2026
Rerolling Scrap Prices in North America
- In North America, the Rerolling Scrap Price Index remained broadly range-bound during Q1 2026, reflecting balanced supply-demand conditions in the ferrous scrap ecosystem.
- The average Rerolling Scrap Spot Price showed limited volatility, supported by steady collection flows from demolition, construction, and industrial scrap channels.
- Rerolling Scrap Price Forecast indicates a stable outlook with mild downside risk, as steel mill procurement remains highly cost-sensitive.
- Rerolling Scrap Production Cost Trend remained steady, driven by stable collection costs, transportation expenses, and recycling yard operating conditions.
- Rerolling Scrap Demand Outlook remained moderate, primarily driven by rebar, structural steel, long steel products, and construction-grade steel manufacturing.
- Rerolling Scrap Price Index movement was supported by consistent mill utilization rates and balanced inventory levels across major recycling hubs.
- Steel re-rolling mills continued to operate at moderate capacity, maintaining controlled procurement strategies rather than aggressive buying.
Why did the price of Rerolling Scrap change in March 2026 in North America?
- Construction activity slowed seasonally, reducing scrap generation momentum and weakening short-term demand support.
- Steel mills adopted cautious procurement strategies due to margin pressure in downstream rebar and construction steel segments.
- Balanced inventory positions across scrap yards prevented any supply squeeze, keeping prices from rising sharply.
Rerolling Scrap Prices in APAC
- In India, the Rerolling Scrap Price Index rose by 6.45% quarter-over-quarter, driven by tighter imports.
- The average Rerolling Scrap price for the quarter was approximately USD 387.33/MT, reflecting fiscal year-end restocking demand.
- Rerolling Scrap Spot Price tracked weekly gains as mills lifted bids amid delayed vessel arrivals and constrained availability.
- Rerolling Scrap Price Forecast projects moderate upside as infrastructure spending and restocking sustain procurement into summer.
- Rerolling Scrap Production Cost Trend rose due to higher electricity tariffs and logistics delays increasing melting expenses.
- Rerolling Scrap Demand Outlook remained firm with Bharatmala awards and construction projects sustaining rebar producer buying.
- Rerolling Scrap Price Index movements reflected global benchmark hikes and export diversion tightening domestic offer volumes.
- Inventory tightness, thinner containerized cargoes, and Alang ship-breaking precommitments constrained inland flows, supporting stronger mill bids.
Why did the price of Rerolling Scrap change in March 2026 in APAC?
- Container congestion at Nhava Sheva delayed imports, tightening spot availability and prompting mills to raise bids.
- Fiscal year-end restocking and recent infrastructure awards increased mill procurement, absorbing available scrap stocks quickly.
- Higher electricity tariffs and global scrap hikes transmitted production cost pressure, underpinning stronger domestic scrap bids.
Rerolling Scrap Prices in Europe
- In Europe, the Rerolling Scrap Price Index remained stable-to-soft during Q1 2026, reflecting subdued steel demand and balanced scrap availability.
- The average Rerolling Scrap Spot Price showed limited movement, indicating cautious buying behavior from re-rolling mills.
- Rerolling Scrap Price Forecast suggests a stable-to-weak outlook, driven by slow recovery in construction steel demand.
- Rerolling Scrap Production Cost Trend remained steady, supported by consistent collection flows from demolition and industrial dismantling activity.
- Rerolling Scrap Demand Outlook remained muted, primarily influenced by weak construction activity and lower rebar consumption across key EU economies.
- Rerolling Scrap Price Index movement was influenced by cautious mill procurement and stable scrap inflows from urban recycling streams.
- Steel re-rolling operations continued at controlled utilization levels, limiting aggressive scrap buying behavior.
Why did the price of Rerolling Scrap change in March 2026 in Europe?
- Weak construction sector activity reduced steel rebar demand, directly lowering scrap procurement intensity.
- High energy and compliance costs pressured steel mill margins, leading to reduced scrap buying appetite.
- Stable scrap generation from industrial and municipal sources kept supply adequate, preventing price spikes.
