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.   

 

Detroit

Detroit up $20 on prime grades, $10 on cut grades

By Bill Beck - October 10, 2018

After dropping $20 across the board in September, prime grades came back strong in October, regaining all of the $20 they lost last month. Cut grades regained half of the $20 they lost in the September market. Still, cut grades are off $30 from August numbers, and many in the Motor City think more ground will be made up next month.
 

General market report for Detroit

By Bill Beck - September 12, 2018

For the second straight month, cut grades in Detroit dropped $20. But in September, they didn’t lose ground to prime grades, which were also off $20 in the Motor City. Plate and structural grades, which are in abundant supply in the Great Lakes region, dropped $25 for the second straight month.
 

Detroit down $20 on cut grades, $10 on prime grades

By Bill Beck - August 15, 2018

After two straight months of prime grades up $10 and cut grades sideways, Detroit dropped back from its summer plateau. Prime grades were off $10 in the Motor City, while cut grades dropped $20. An oversupply of plate and structural in the lower Great Lakes markets pushed 5-foot P&S down $25 in Detroit.
 

Detroit sideways on cut grades, up $10 on prime grades for second straight month

By Bill Beck - July 11, 2018

For the second straight month, Detroit was the first U.S market out of the box in July, with prime grades up $10 and cut grades sideways to June prices.
 

Detroit sideways on cut grades, up $10 on prime grades

By Bill Beck - June 13, 2018

For the second straight month, Detroit settled early in June, with prime grades up $10 and cut grades sideways to May prices. 
 

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