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.   

 

Pig Iron Prices Showing Promise On Upside

By Staff - July 16, 2019

Tightness in material, higher iron ore prices and a pending recovery in the US ferrous scrap arena is expected to benefit pig iron prices in the near-term.

Chicago Digs In; Markets Sideways in St. Louis, South

By Bill Beck - July 11, 2019

When a consortium of Detroit-area mills announced early the week of July 4th that they would be buying ferrous scrap for July at a $10 discount to June prices, everyone expected that Chicago would quickly follow suit.

Detroit, Ohio, Hamilton Down, But Market At Bottom?

By Bill Beck - July 11, 2019

After dropping $70 in May and June, ferrous scrap prices in Detroit and Hamilton slowed their downward momentum in July. Two days before the industry in the United States took its extended July 4th holiday, a consortium of Detroit mills announced it would buy scrap at a $10 discount to June numbers. Canadian mills, which had celebrated their three-day Canada Day holiday earlier in the week, waited until late this past Monday to bring prices off $18 Cdn for prime grades and $15 Cdn for cut grades for the month.

Pig iron prices stable but facing headwinds

By Staff - June 11, 2019

Pig iron prices are showing modest signs of fatigue but could be facing further drops due to a severe correction in the price of prime grades of ferrous scrap. 
 

Soft demand keeps market under pressure in June

By Sean Barry - June 11, 2019

The ferrous scrap market in the United States continued to be pummeled in June in the wake of diminished demand and a lingering oversupply of material, with most grades losing another $30 compared with the month prior.
 

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