Scrap Prices North America
April 27, 2021
Ferrous Scrap Prices Up in May as Mills Modify Their Mix
Written by Tim Triplett
With trading for May not quite finished this week, ferrous scrap prices appeared surprisingly strong, with obsolete grades up about $20/GT and prime grades moving sideways.
Steel Market Update sources put the May price for shred in the range of $450-460 per gross ton, busheling at $590-600 per gross ton, and P/S at $440-445 per gross ton. One source reports prime grades slightly lower at $565-585 per gross ton, depending on the region and the mill.
