Continuing Iron Age's Century-Long Tradition

Regional Market Reports

Why did prices go up in one city and not in another? Did local steel production increase? What are scrap prices going to do next month? The answers are in these reports.   

 

Chicago

Chicago solid sideways in December

By Bill Beck - December 12, 2018

 
After two straight months of sharp gains, Chicago settled at sideways across the board in December. Some in the market had hoped for a third straight month of gains, but when Detroit mills came out at sideways numbers early in the first week of the month, Chicago followed suit within days.
 

Chicago prime grades up $10, cut grades up $20 in November

By Bill Beck - November 12, 2018

For the second straight month, Chicago registered sharp gains in November. The $10 increase in prime grades and $20 gain for shredded and secondary grades means that the Windy City has not jumped $30 across the board since hitting bottom in September.
 

Chicago prime grades up $20, cut grades up $10 in October

By Bill Beck - October 10, 2018

A Chicago bear market that hit bottom in September when prices for all grades were down anywhere from $20 to $30 came roaring back in October when prime grades recovered the $20 they lost last month and cut grades were up $10 across the board.
 

Chicago one of weaker U.S markets in September

By Bill Beck - September 12, 2018

Chicago experienced a drawn out settlement in September that saw many grades not agreed upon until Monday morning. When all the dust had settled, prime grades and heavy melt were off $20, shredded and plate and structural grades were off $25, and turnings and borings were down $30.
 

Chicago prime grades give back $10 from last month

By Bill Beck - August 15, 2018

After sliding sideways in June and July, Chicago prime grades finally bit the bullet and dropped $10 in August. Cut grades continued their summer swoon, dropping $20 in August on top of identical $10 dips in June and again in July.
 

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