Ferrous & Non-Ferrous Market Report | December

Ferrous: Scrap steel prices are going sideways in December – unchanged from last month’s levels as we close out 2014. Market sentiment was negative in early November which left many anticipating yet another decrease in scrap pricing. This quickly changed as snowstorms ripped through the East and Midwest markets severely impacting their scrap flows. There […]

Posted at December 15, 2014 » By : » Categories : market » Comments Off on Ferrous & Non-Ferrous Market Report | December
  • Ferrous & Non-Ferrous Market Report | November

    Ferrous: Another colossal drop in steel pricing for November as mills announced Friday that prices would be down $ 30-40 Ton across the country. This comes as a surprise for most suppliers as we were expecting a $15-20 drop due to the steep $25 Ton drop already experienced in October. Why is the market so […]

    Posted at November 8, 2014 » By : » Categories : market » Comments Off on Ferrous & Non-Ferrous Market Report | November
  • Ferrous & Non-Ferrous Market Report | October

    Ferrous: Scrap steel prices took a larger than anticipated hit this month plummeting $25 locally and down $20-$25 across the rest of the nation. Early speculations pegged the market to fall $10-15 but these estimations were short lived as market sentiment turned more negative as October approached. With several mill outages scheduled in the US […]

    Posted at October 16, 2014 » By : » Categories : market » Comments Off on Ferrous & Non-Ferrous Market Report | October
  • Ferrous & Non-Ferrous Market Report | July 2014

    Ferrous: Ferrous prices are sideways for most of the country this month with the only exception being a few West Coast export yards and Chicago/Detroit markets where scrap volumes are thinner. South Korean mills returned to the market early last week and raised prices by $5-8 in order to secure 3 bulk barges of scrap […]

    Posted at July 15, 2014 » By : » Categories : market » Comments Off on Ferrous & Non-Ferrous Market Report | July 2014
  • Ferrous & Non-Ferrous Market Report | June 2014

    FERROUS: The steel scrap market is down $10-$15/Ton this month as we move into the summer months. Softer markets are generally expected this time of year as the weather warms up and available scrap tonnage increases scrap flows to┬ásteel consumers. Mills often schedule maintenance downtimes during the summer months too disrupting the relationship between scrap […]

    Posted at June 11, 2014 » By : » Categories : market » Comments Off on Ferrous & Non-Ferrous Market Report | June 2014