July 2025: Forecast for US Scrap Trends – Fastmarkets
July’s US ferrous scrap metal market report revealed insights from industry players, highlighting price trends, market confidence, and overall inventory levels. According to recent surveys, the market is anticipating a modest 2.8% price increase following a flat performance in June. The Trend Indicator, a key metric gauging market sentiment, showed a slight uptick to 55.6, signaling a mildly bullish outlook shared by buyers, brokers, and sellers.
Inventory levels are currently hovering near the equilibrium mark at 49.8, indicating a stable market environment. Notably, a significant percentage of respondents reported a consensus reading of 69%, showcasing a strong alignment in market dynamics and expectations for the coming months.
Industry participants emphasized established trends of seasonal steadiness and balanced supply and demand interactions across key regions. While geopolitical uncertainties and tariff-related concerns persist, they are not exerting significant directional impacts on the market at present. Respondents remain cautiously optimistic for July, with a clear indication of resilience in pricing despite the absence of major supply or demand pressures.
As the market moves into the summer months, industry experts foresee a period of stability and incremental price adjustments. Market participants are closely monitoring global factors that could influence the scrap metal industry, while also noting the impact of local demand fluctuations on regional pricing trends. While no drastic shifts are expected in the immediate future, the prevailing sentiment is one of cautious optimism as the market navigates evolving dynamics.
The July report highlighted the importance of monitoring ongoing trends and staying informed about market developments to make informed decisions. By accessing the latest insights and analysis, industry players can better position themselves to navigate uncertainties and capitalize on emerging opportunities in the ferrous scrap metal market. Looking ahead, maintaining a proactive approach to market intelligence will be crucial for adapting to changing conditions and harnessing growth potential in the sector.