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 one of weaker U.S markets in September

By Bill Beck - September 12, 2018

Chicago experienced a drawn out settlement in September that saw many grades not agreed upon until Monday morning. When all the dust had settled, prime grades and heavy melt were off $20, shredded and plate and structural grades were off $25, and turnings and borings were down $30.

Chicago prime grades give back $10 from last month

By Bill Beck - August 15, 2018

After sliding sideways in June and July, Chicago prime grades finally bit the bullet and dropped $10 in August. Cut grades continued their summer swoon, dropping $20 in August on top of identical $10 dips in June and again in July.

Prime grades up $10 again in July Chicago market

By Bill Beck - July 11, 2018

Ferrous scrap prices in Chicago this month mirrored the June market, with prime grades up $10 and cut grades sideways.

Prime grades up $10 in busy Chicago market

By Bill Beck - June 13, 2018

Going into June, buyers and sellers had questions about the direction of the Chicago market, which had been sideways on prime grades and down $10 on cut grades in May.

Prime grades hold steady in Chicago market

By Bill Beck - May 16, 2018

Going into May, mills were talking about rescinding the plus $10 on prime grades and up $20 on cut grades they had paid in April. But pushback from dealers quickly saw the Windy City market settle at the same offers made in nearby Detroit: sideways on prime grades and down $10 on cut grades.

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