Scrap Prices North America
April 14, 2022
April Scrap Prices Mixed, Not What Dealers Anticipated
Written by Brett Linton
Ferrous scrap prices were mixed in April, with busheling up $75 per gross ton (GT), shredded scrap flat, and HMS down $20/GT. These were not the movements scrap experts had expected, with late March forecasts calling for obsolete grades up $50-$100/GT over March and busheling up $120-$200/GT.
“April ferrous markets have settled and suffice it to say it left scrap dealers for the most part unhappy, disappointed, and a little disturbed,” one scrap exec in the Northeast said.
