Scrap Prices North America
September 12, 2021
Prime Scrap Prices See Big Drop in September
Written by Tim Triplett
Prime scrap prices saw a big drop in September, down $40-50 per gross ton (GT), report Steel Market Update sources. Obsolete grades also declined, though not as much, at down $20-25/GT in most parts of the country. Declining scrap prices may contribute to downward pressure on finished steel prices in the fourth quarter.
Prices for September reportedly settled around $460-470/GT for shredded and $580-600/GT for busheling. HMS prices were harder to pin down.
