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.   

 

Detroit and Hamilton markets continue their plunge

By Bill Beck - October 11, 2019

After dropping $80 from May until July, ferrous scrap prices in Detroit and Hamilton bounced back slightly in August. Now they have dropped another $80 since then.
 

Chicago and St. Louis down $35 and $40 again in October

By Bill Beck - October 11, 2019

Beset by mill maintenance outages, lackluster exports, and the effects of a lengthening strike against General Motors, ferrous scrap prices continued their search for the bottom, with prices in Chicago and St. Louis off $40 for prime grades and $35 for cut grades. Only turnings bucked the deep downward trend, dropping $10 for the month on strong demand from mills in the South.
 

US pig iron market remains rangebound on sluggish demand

By Sean Barry - October 9, 2019

US pig iron prices were static in early October trading amid slack demand and deteriorating ferrous scrap prices.

Supply glut pushes market down again in October

By Sean Barry - October 9, 2019

North American ferrous scrap prices continued to face heavy downside pressure in October as a slew of maintenance outages and sloppy export trade exacerbated an oversupply of material in the market. 
 

Chicago, St. Louis markets give back August gains and more

By Bill Beck - September 10, 2019

Prices for prime scrap in the Chicago and St. Louis regions were off $40 in September, giving back the $20 bill they increased in August. Cut grades experienced a $30 drop across the board for the month.
 

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