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Scrap metal prices are the most important coverage we provide to subscribers, but a breakdown of price trends, related steel and iron costs and production rates, explain every price change.

 

 

Commentary > Trend Analysis

Ferrous scrap prices skid lower in September

By Bill Beck - September 9, 2019

What appeared two weeks ago to be a $20 correction back to July price levels turned into a more pronounced drop in the week after Labor Day. Detroit mills quickly settled late in the week at down $40 on prime grades and off $30 on cut grades, and at week’s end, prices were trending in that direction across the industrial Midwest.
 

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