Continuing Iron Age's Century-Long Tradition

Analysis of the trends in steel scrap markets.

Check out the latest review, "Prime, frag differential still spreading concern in the markets"

 

 

A tough July settlement indicates a bottom finally reached for ferrous scrap mart

By Bill Beck - July 18, 2019

After one of the more contentious settlements in recent years in July, the North American ferrous scrap community is licking its wounds in anticipation of a turnaround in August. Many in the business are pretty much convinced that the market is on the bottom. But how much the market moves upward in August and September is still in dispute.

Steel has stellar year in 2018

By Bill Beck - February 19, 2019

It turned out it was a very good year for steel. Steelmakers booked record profits, thanks to a growing American economy and the implementation of President Donald Trump’s Section 232 tariffs. The trade measure, ranging from 10% to 25% on foreign steel and aluminum, gave a huge jump start to an industry that had been struggling in the latter years of the Obama presidency. The steel utilization rate climbed steadily upward during the past year, topping out at just over 80 percent at the end of the year.
Steel shipments for 2018 totaled 95.28 million tons, up nearly 5% from the 90.80 million tons shipped in 2017.
 
 

Solid year for ferrous scrap will be tough act to follow in 2019

By Sean Barry - December 17, 2018

After enjoying a bumper 2018, a cloud of uncertainty hangs over the North American ferrous scrap industry heading into the New Year as market players question whether prices in 2019 will manage to outgun the pace of growth experienced over the past year on robust domestic demand. 
 

Lower supply and strong demand set to boost prices

By Staff - November 21, 2018

The North American ferrous scrap market is expected to end the year on a high and book three straight months of gains as healthy order books and diminished supply levels are set to boost prices.
 

Lower supply and strong demand set to boost prices

By Sean Barry - November 21, 2018

The North American ferrous scrap market is expected to end the year on a high and book three straight months of gains as healthy order books and diminished supply levels are set to boost prices.
 

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