Scrap Prices North America
October 15, 2019
Written by Tim Triplett
By CRU Analyst Alexander Ordosch
Last week, Turkish scrap import prices increased by $8 /t to $233 /t CFR for HMS 80:20, based on one 40 kt deal from the U.S. Following a number of weeks of sizable deal volumes, the market quietened. This increase comes despite sharp falls in the U.S. domestic market again for October buys.
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.