Scrap Prices North America
March 7, 2019
Ferrous Scrap Prices Up $20 in March
Written by Tim Triplett
Ferrous scrap prices for March settled up $20/GT, report Steel Market Update sources.
“The ferrous market was up $20 across the board without much deviation across the country. That puts Midwest shred at around $355-360 and busheling at $370-380. Export has rebounded this week by about $5-10 from recent sales. The most recent sale to Turkey was around $319/MT CIF. Flows are still slow thanks to the poor weather across most of the country. At this point, I don’t expect much change for April,” said one dealer in the Northeast.
