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.   

 

St. Louis

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.
 

Chicago and St. Louis settle at up $20 in August

By Bill Beck - August 13, 2019

After undergoing one of the more contentious settlements in recent years last month, Chicago quietly followed Michigan and Ohio mills in the middle of last week, settling at up $20 across the board - with the exception of machine shop turnings, which shot up nearly $70.
 

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.

Chicago, St. Louis markets down sharply again

By Bill Beck - June 11, 2019

Prices that tumbled another $30 in the Chicago and St. Louis markets in June have some brokers that sell into the region’s foundries thinking that decreased flow in the coming months will finally send prices back on an upward trend.
 

Chicago and St. Louis off $30 on most grades

By Bill Beck - May 15, 2019

Prices in Chicago and St. Louis were off a solid $30 in May, putting prices $50 to $60 below where they were at the end of March. Logistics problems, including sustained flooding on the Upper Mississippi River, is making it difficult to ship scrap out of the Chicago district. As a result, material, particularly busheling and bundles, is backing up into Chicago and Indiana.
 

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