Stainless prices remain unaffected due to low demand | 2015

Ferrous: Ferrous scrap markets are slowly improving as the flow of scrap into mills appears to be in a good balance with new steel demand. Ferrous prices saw a slight improvement in April and are seeing a “sideways” or unchanged market across most of the nation in May. This further reinforces that we have indeed […]

Posted at May 18, 2015 » By : » Categories : market » Comments Off on Stainless prices remain unaffected due to low demand | 2015
  • Steel scrap sees small increase in pricing for April | 2015

    Ferrous: The first quarter of 2015 saw ferrous scrap prices hit 6 year lows matching those seen during the financial crisis in ’08-‘09. Many of the troubling conditions hindering the ferrous markets as well as finished steel markets are continuing to linger into April. We feel these conditions will likely continue though the first half […]

    Posted at April 9, 2015 » By : » Categories : market » Comments Off on Steel scrap sees small increase in pricing for April | 2015
  • Copper gaines some ground while Aluminum sees losses | 2015

    FERROUS: Many of the concerns discussed in last month’s market report are spilling into March as well. This includes the dollar’s strength which is causing minimal scrap exports to leave this county while cheaper iron ore and semi-finished products are rushing into the United States. These lower cost scrap substitutes are putting downward price pressures […]

    Posted at March 11, 2015 » By : » Categories : market » Comments Off on Copper gaines some ground while Aluminum sees losses | 2015
  • Scrap steel market over-priced by $100/Ton | February 2015

    Ferrous: February is the month we celebrate valentine’s day and acknowledge the ones we love….Well, no one told the U.S. Steel Mills about this tradition because scrap suppliers are being shunned instead of feeling their love. February 2015 has experienced the largest drop in scrap steel pricing since 2008. Our local market is down $80/Ton […]

    Posted at February 9, 2015 » By : » Categories : market » Comments Off on Scrap steel market over-priced by $100/Ton | February 2015
  • New year brings hope for boost in scrap prices | January 2015

    Ferrous: The beginning of the new year brought hopeful anticipation for a little boost in scrap steel prices but our hopes were squashed early in January as mills quickly took the upper hand and left prices unchanged from December levels. Historically, the first quarter brings a sense of scrap price optimism in anticipation of increased […]

    Posted at January 9, 2015 » By : » Categories : market » Comments Off on New year brings hope for boost in scrap prices | January 2015