By Sean Barry - February 13, 2019
General Market Report for Pittsburgh, Cleveland, Cincinnati and Youngstown
After coming under heavy downside pressure last month, ferrous scrap prices in Pittsburgh and the Ohio Valley largely held in their ranges in February amid an uptick in export trade and a blast of winter weather that impacted material flows, while prime grades fell $20 from last month.
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
Ferrous scrap prices in the Ohio Valley largely held their ground in December as a wave of supply, partly generated by slack exports off the East Coast, was met by robust mill and foundry demand.
By Sean Barry - November 12, 2018
Ferrous scrap prices in the Ohio Valley continued to build on gains booked in October as demand remained firm and supplies tightened, hiking obsolete grades $20 higher this month and prime grades $10 across the board.
By Sean Barry - October 10, 2018
Ferrous scrap prices in the Ohio Valley reversed a downward trend over the previous two months to post gains of $10 for cut grades and shredded material and a $20 rise for primes amid solid demand.