Scrap Prices North America
July 30, 2015
Scrap Prices Poised to Drop Again in August
Written by John Packard
Trading has not yet begun but ferrous scrap dealers are expecting another move lower in the scrap markets. Many are pointing to prices moving lower by $20 per gross ton or more depending on the markets.
We are hearing that the South may be the weakest markets with projections of prices moving lower by $20 per gross ton as the “best case scenario” and they could be down by as much as $30 per ton.
