Scrap Prices North America
March 11, 2014
Written by John Packard
March scrap prices have settled with most areas of the country moving lower. The key Chicago area saw prices as follows:
#1 Heavy Melt = $370 to $380 with $385 average down $15 per gross ton.
Shredded scrap = $388 down $17 per gross ton.
#1 Busheling = $388-$400 with an average of $394 per gross ton down $16.
Calm before the storm
Having just attended the historically significant ISRI Mid-America Chapter Consumers Night Banquet in St. Louis and waiting for my delayed flight, it seemed I had the perfect opportunity to inform the industry of a few items that came out while wheeling and dealing in the beautiful Union Train Station Hotel. For the West Coast export […]
The US scrap market showed some stability in August, with prices mostly sideways on busheling and shredded grades, and HMS prices ticking up from the previous month, sources said.
Sheet prices were mixed this week with hot-rolled coil (HRC) and galvanized base prices slipping again even as cold-rolled tags inched up.
August could see US scrap prices stabilizing, or even rising, depending on the grade or region, scrap sources told SMU.