Blog

  • Scrap Prices Are Up! | April 2016

    Ferrous: The long awaited news that we have all been yearning for… “Scrap prices are up”… but is it “built to last” or will it just drift away as fast as it flew in? In our opinion, this recent price hike could likely be driven by rapid inventory replacement that has run dangerously low and […]

    Posted at April 8, 2016 » By : » Categories : market » Comments Off on Scrap Prices Are Up! | April 2016
  • Scrap Prices Stabalize Accross The Country | March 2016

    Ferrous: Steel prices “Spring Up” early in the Midwest, while prices stabilize everywhere else across the country! Increased demand from Midwest mills coupled with competition for material and a resurgence in the export steel market boosted prices in Chicago, Detroit, and surrounding Midwest areas. Unfortunately, stronger prices didn’t move too far West resulting in unchanged […]

    Posted at March 1, 2016 » By : » Categories : market » Comments Off on Scrap Prices Stabalize Accross The Country | March 2016
  • The Ferrous Scrap Market Remains “Luke Warm” | February 2016

     Ferrous: The ferrous scrap market remains “luke warm” as prices remain relatively flat compared to last month levels. Seasonal factors appear to be tightening scrap supply during the winter months.  Diminished supply is most likely responsible for January’s slight price increase rather than higher demand.  In the short term, steel prices are expected to stay […]

    Posted at February 5, 2016 » By : » Categories : market » Comments Off on The Ferrous Scrap Market Remains “Luke Warm” | February 2016
  • January Show Modest Price Increase in Steel | January 2016

    Ferrous: Steel prices for 2016 kickoff a brand new ballgame!  Historically prices in the first quarter are somewhat stronger and because mills purchased scrap inventories modestly over the past several months, supply and demand tends are favoring better prices.  January starts off the year with modest price increases as the market is gathering some strength […]

    Posted at January 6, 2016 » By : » Categories : market » Comments Off on January Show Modest Price Increase in Steel | January 2016
  • Scrap Prices Are Not Falling This Month | December 2015

      Ferrous: Out with the old and in with the new! As we are all painfully aware, 2015 has been a very tough year for our industry and others buying or selling commodities.  I am pleased to announce that scrap prices are not falling this month…it appears prices have hit rock bottom and are slowing […]

    Posted at December 5, 2015 » By : » Categories : market » Comments Off on Scrap Prices Are Not Falling This Month | December 2015