The Busheling Scrap Price Trend in Q2 2026 showed a clear upward movement during April and May before changing direction in June. The quarter started with healthy demand, steady industrial activity, and balanced scrap supply across major markets. Strong purchasing from steelmakers and manufacturing industries helped support higher prices during the first part of the quarter.
However, as the quarter moved toward June, supply conditions improved and downstream demand became softer, causing prices to move lower. This made Q2 2026 an interesting period for understanding how demand, supply, inventories, and purchasing decisions can quickly influence the scrap market.
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Busheling scrap is closely connected with manufacturing and steel production activity. When factories are active and steelmakers are buying more material, demand for quality scrap generally becomes stronger. On the other hand, when finished steel demand slows or mills become comfortable with their inventories, purchasing can become more cautious.
This pattern was visible during Q2 2026.
During April and May, the market showed strong buying interest. Manufacturing activity remained firm, while electric arc furnace (EAF) mills continued to procure scrap. At the same time, prompt scrap availability was relatively tight in important markets. Higher collection costs also added support to the market.
As a result, Busheling Scrap Prices moved higher through much of the first two months of the quarter.
By June, however, the situation began to change. Scrap inflows improved, inventories became more comfortable, and steelmakers reduced their urgency to purchase additional material. Softer finished steel demand also affected buying decisions. These factors brought some downward pressure to prices.
The Netherlands recorded a moderate increase in the Busheling Scrap Price Trend during Q2 2026. Prices increased by 3.14% over the quarter.
One of the main reasons behind this increase was steady domestic steel production. Electric arc furnace mills maintained procurement activity, while demand from the manufacturing sector remained firm. These conditions created a supportive environment for the scrap market during April and May.
Collection costs also played an important role. When the cost of collecting and preparing scrap increases, sellers generally need stronger prices to maintain reasonable market returns. At the same time, scrap availability remained balanced rather than excessive.
Buying interest was also supported by both domestic consumers and export markets. This combination helped maintain positive market sentiment during the first part of the quarter.
However, the trend changed in June. Busheling Scrap prices in the Netherlands declined by 2.08% as scrap inflows improved and inventories became more comfortable.
Steelmakers also became more cautious about purchasing because finished steel demand had softened. When mills have enough material in stock and do not see an immediate need for additional scrap, they can delay purchases or negotiate more carefully.
This resulted in lower buying pressure and a gradual correction in prices during June.
The United States recorded a stronger increase than the Netherlands during Q2 2026. The Busheling Scrap Price Trend in the USA increased by 4.36% during the quarter.
The increase was supported by robust domestic steel production and healthy procurement from EAF mills. Demand from the automotive and manufacturing sectors also remained firm.