Scrap Prices North America
April 4, 2019
Ferrous Scrap Settles Down $20 for April
Written by John Packard
Editor’s note: The following comments on where ferrous scrap settled for April come from one of SMU’s sources:
U.S. scrap market prices gave way to a lull in export demand, mill outages and a perceived increased flow of obsolescent scrap due to the onset of spring weather. It ignored the flooding, which has inhibited the flow of scrap downriver to the Ark/Tenn mills from Chicago and the upriver flow of pig iron to all mills north.
