Scrap Prices North America
February 27, 2018
Scrap Prices to See Modest Bump in March
Written by Tim Triplett
Ferrous scrap prices for March delivery are expected to increase by around $10 per ton, report Steel Market Update’s scrap market sources.
“Strong demand for raw materials both domestically and internationally are allowing little chance ferrous scrap prices will drop in March,” said one East Coast dealer. “All the mills I sell to will have full melt programs in March, and most of these mills are behind on February scrap deliveries. March-April scrap prices are showing a positive bias.”
