By Sean Barry - May 10, 2019
The ferrous scrap market in the United States logged further losses in May as mills pared back buy programs due to numerous maintenance outages and scrap flows continued to surge amid slack export trade and a booming industrial sector.
By Sean Barry - April 8, 2019
Ferrous scrap prices fell in April as an oversupply of material outweighed the impact of lingering delays on the river network, with prices crumbling anywhere between $20 to $30 per gross ton from last month.
By Sean Barry - March 11, 2019
Prices for obsolete and prime grades of ferrous scrap in the south of the country booked a $20 per gross ton rise in March as domestic and overseas demand for material remained healthy, while a blast of cold weather conditions in the north and Midwest slowed deliveries and generation levels this month.
By Sean Barry - February 13, 2019
General market report for Birmingham and Houston
Prices for obsolete grades in the south of the country held in their ranges in February amid robust demand from domestic and overseas buyers, while prime grades lost $10 on weaker buying activity.
By Sean Barry - January 16, 2019
Ferrous scrap prices faced heavy downside pressure in January amid a deluge of material generated by slack export trade over the past couple of months and clement weather in many parts of the country that helped keep scrap moving.