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.   



Chicago market up sharply in March

By Bill Beck - March 14, 2018

After going sideways across the board and wrapping up trading before the first weekend of the month rolled around last month, Chicago moved sharply up after 10 days of intense negotiations to establish a market. Prime grades were up $10, cut grades jumped $30, and shredded, depending upon mills and location, was up $35 to $40.

Chicago market sideways in February

By Bill Beck - February 14, 2018

“It was a pretty easy month” is the way one Chicago broker summed up the ferrous scrap market locally in February.

Chicago market up $20 and $30 for the second straight month

By Bill Beck - January 10, 2018

For the second straight month, Chicago followed the lead of nearby Detroit and raised the price of prime grades $20 and cut grades $30. Shredded scrap was the most sought-after grade in the Windy City market, up $25 from December, with some remote sales reported at up $40 from last month.

Chicago market posts gains of $20 on prime and $30 on cuts in December

By Bill Beck - December 13, 2017

The ferrous scrap market in Chicago booked healthy gains in December on the continuation of healthy export trade and robust demand from domestic buyers. 

Chicago market settlement was testy in November

By Bill Beck - November 15, 2017

The settlement on scrap pricing last month in Chicago was easy. Almost everyone in the market accepted the inevitability of a drop in pricing that saw prime grades plunge $40, with cut grades off $30.

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