Scrap Metal Processors Halt Shipments | November 2015

Ferrous: Global steel demand is still on a downward slope in 4Q 2015, on the heels of slowing growth in China and weakening US steel consumption. This continues to negatively impact the steel and scrap industry worldwide and it appears that the world’s steel industry has, for the time being, reached the end of a […]

Posted at November 8, 2015 » By : » Categories : market » Comments Off on Scrap Metal Processors Halt Shipments | November 2015
  • Stainless Steel Prices Not Likely To Recover Soon | 2015

    Ferrous: The U.S. ferrous scrap market continues to move towards yet, another bottom. Prices are entering a territory not seen since the 2008 financial crisis, falling $50 a ton from September levels.  Everyone assumed September was the low point, but unfortunately prices continue to fall drastically.  With the market headed lower than expected, scrap dealers […]

    Posted at October 9, 2015 » By : » Categories : market » Comments Off on Stainless Steel Prices Not Likely To Recover Soon | 2015
  • Metals Market Is Still In Oversupply | 2015

    Ferrous Scrap: Prices on scrap steel grades took another sizable hit across the country in August, falling $20-$30 ton domestically. These sharp declines are aligning domestic prices with offers from Asian exporters. This price relativity should act as a floor to hold the domestic price from falling further. This assumes the Asian markets will hold […]

    Posted at August 4, 2015 » By : » Categories : market » Comments Off on Metals Market Is Still In Oversupply | 2015
  • Scrap Steel is Down | 2015

    Ferrous Prices: Scrap steel prices are down for July, catching us and many other scrap suppliers off guard. We felt that the market prices for steel grades were gaining momentum and headed into positive direction but mills felt otherwise in July and lowered price offerings by $10-$20 domestically depending on the grade. Prices in the […]

    Posted at July 5, 2015 » By : » Categories : market » Comments Off on Scrap Steel is Down | 2015
  • Ferrous Scrap Markets Improve | 2015

    FERROUS: Ferrous scrap markets are seeing a bump in pricing this month with a gain of $10/GT locally, totaling an increase of $20 GT since the market bottomed in March. The Chicago and Alabama markets, where prices have remained fairly flat since February, started their rebound this month with the country’s biggest gains as prices […]

    Posted at June 6, 2015 » By : » Categories : market » Comments Off on Ferrous Scrap Markets Improve | 2015