Scrap Prices North America
September 28, 2021
Mixed Outlook for Ferrous Scrap Prices in October
Written by Tim Triplett
Following a big drop in scrap prices in September, sources tell Steel Market Update they expect an increase in the price of obsolete grades in October, with prime grades seeing some downward pressure.
“I think we will see an increase specifically for shred in October. The consensus is building that prices in October for these grades will be the lowest for the balance of the year,” said one dealer in the Northeast.
