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.   


Higher scrap prices boost demand for pig iron

By Staff - December 9, 2019

The US alternative irons market is seeing a renewed appetite for pig iron on the heels of a recovery in domestic scrap prices.

Chicago and St. Louis up $30 in December

By Bill Beck - December 9, 2019

A Midwest market that has been mired in a relentless downward spiral for most of the summer and fall ended the year on a high note. A $30 per gross ton jump across the board in both Chicago and St. Louis, coupled with a $20 increase in November, was the first back-to-back monthly increase in the region in over a year.

Detroit and Hamilton markets up strong for second month in a row

By Bill Beck - December 9, 2019

After months of the worst bear market in years, ferrous scrap in Detroit and nearby Ontario are finally showing signs of strength. Detroit was up $30 per gross ton across the board early last week for the second straight month of double-digit increases. Hamilton followed suit several days later with a $37 CAD hike.

Ferrous scrap prices surge in Dec on supply shortage

By Sean Barry - December 6, 2019

North American ferrous scrap prices continued to build traction in December and booked mostly $30 per gross ton gains in the north and Midwest, while prices in southern regions like Birmingham were up $40 on last month amid a lack of nearby material on the ground.

Chicago and St. Louis gain back half of October losses

By Bill Beck - November 11, 2019

After two straight months of $40 per gross ton drops for prime grades in the two big Midwest markets, Chicago and St. Louis were hoping that the November settlement would be $10, but not discounting the possibility that the markets could be sideways.

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