By Bill Beck - July 17, 2017
One Philadelphia broker articulated last week what many in the ferrous scrap industry think – if they don’t say it outright – about the business during the first six months of 2017.
By Bill Beck - July 3, 2017
By the time you read this, the July ferrous scrap market may already be moving sideways.
By Staff - June 21, 2017
Prices are expected to rebound in July as stronger demand and lower supply levels could create a bullish market.
By Bill Beck - June 19, 2017
The last time the differential between prime grades and shredded reached the levels they are today was during the market collapse of 2008-2009. “Back then, primes were $800 and shredded was trading at $600,” said one Canadian broker. “But that was an anomaly.”
By John Ambrosia - June 12, 2017
Even with the sideways to slightly down performance of ferrous scrap in June (depending on the region), prices stand considerably higher than where they were exactly a year ago. In fact, prices have been running ahead of last year in every month for the first half of 2017.