By Sean Barry - February 13, 2019
General market report for Birmingham and Houston
Prices for obsolete grades in the south of the country held in their ranges in February amid robust demand from domestic and overseas buyers, while prime grades lost $10 on weaker buying activity.
By Sean Barry - January 16, 2019
Ferrous scrap prices faced heavy downside pressure in January amid a deluge of material generated by slack export trade over the past couple of months and clement weather in many parts of the country that helped keep scrap moving.
By Sean Barry - December 12, 2018
Prices for prime grades and turnings in the South and South East of the country dropped in December amid an uptick in supply and flat demand, while obsolete grades managed to hold their ground at last month’s level.
By Sean Barry - November 12, 2018
Ferrous scrap prices in the South and South East of the country posted gains in November as consumers were keen to secure material amid robust end-user demand and fewer shipping days due to the Thanksgiving holiday.
By Sean Barry - October 10, 2018
Ferrous scrap prices in the South and South East of the country moved up in unison in October after posting losses over the previous two months as a build up in inventories started to ease and volumes into mills and foundries remained high.