By Bill Beck - December 12, 2018
After going up $40 through October and November, cut grades in the Philadelphia market dropped off $10 in December as sales slowed at nearby export yards.
By Bill Beck - November 14, 2018
For the second straight month, prices are up in the Philadelphia market. Last month, prices were up a solid $20 across the board after dropping in both August and September. This month, cut grades registered another hefty $20 gain over October pricing, while prime grades were up $10.
By Bill Beck - October 10, 2018
Philadelphia ferrous scrap prices are on a merry-go-round. In July, they were up $20 across the board. They dropped off that much in August and again in September, and in October they are back up $20 across the board. In essence, the market hasn’t gained or lost a nickel since the July 4th holiday.
By Bill Beck - September 12, 2018
After speculation that the market might be off as much as $40 or $50 because of weak export sales in the preceding month, Philadelphia settled late last week at down $20 on all grades. It was the second straight month that Philadelphia recorded a $20 drop in prices.
By Bill Beck - August 15, 2018
The $20 boost in prices for heavy melt and plate and structural scrap that Philadelphia area dealers received in July evaporated in the hot August sun. Cut grade prices dropped $20 across the board in August on weakening export sales off the East Coast.