Scrap Prices North America
March 7, 2021
March Scrap Settles Up $50-70/GT
Written by Tim Triplett
As expected, ferrous scrap prices for March settled up $50 per ton for obsolete grades and up $70 per ton for prime grades in most parts of the U.S., reported Steel Market Update sources. April scrap is likely to remain relatively unchanged.
“Looking forward, I don’t see downside for prime grades in April. Depending on how much inflows improve, we may see sideways moves to maybe slightly down for obsolete grades,” predicted one dealer in the Northeast.
