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.   

 

Philadelphia

General report for Philadelphia market

By Bill Beck - October 10, 2018

Philadelphia ferrous scrap prices are on a merry-go-round. In July, they were up $20 across the board. They dropped off that much in August and again in September, and in October they are back up $20 across the board. In essence, the market hasn’t gained or lost a nickel since the July 4th holiday.
 

Philadelphia market off $20 in September

By Bill Beck - September 12, 2018

After speculation that the market might be off as much as $40 or $50 because of weak export sales in the preceding month, Philadelphia settled late last week at down $20 on all grades. It was the second straight month that Philadelphia recorded a $20 drop in prices.
 

Philadelphia market gives back in August

By Bill Beck - August 15, 2018

The $20 boost in prices for heavy melt and plate and structural scrap that Philadelphia area dealers received in July evaporated in the hot August sun. Cut grade prices dropped $20 across the board in August on weakening export sales off the East Coast.
 

Philadelphia market roars back in July

By Bill Beck - July 11, 2018

After falling $25 during the past two months, heavy melt and plate and structural scrap roared back in the Philadelphia market in July, with both grades posting healthy $20 increases for the month.

Philadelphia market continues to drop in June

By Bill Beck - June 13, 2018

Philadelphia bucked a national ferrous scrap market that was generally sideways on cut grades and up $10 on prime grades, the result of slack demand from both export yards and local mils.
 

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