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.   

 

Detroit

Detroit sideways on cut grades, up $10 on prime grades for second straight month

By Bill Beck - July 11, 2018

For the second straight month, Detroit was the first U.S market out of the box in July, with prime grades up $10 and cut grades sideways to June prices.
 

Detroit sideways on cut grades, up $10 on prime grades

By Bill Beck - June 13, 2018

For the second straight month, Detroit settled early in June, with prime grades up $10 and cut grades sideways to May prices. 
 

Detroit sideways on prime grades, down $10 on cuts

By Bill Beck - May 16, 2018

Detroit settled swiftly early in May, with prime grades sideways and cut grades giving back $10 of the $15 they increased in April. Expectations that cut grades would be off more, and that prime grades would be down $10 failed to materialize when a local mill set the market on the first Friday of the month.
 

Detroit cooled as the week went on

By Bill Beck - April 11, 2018

When the Detroit market began trading early last week, expectations were high that ferrous scrap would be up sharply, at least as much as the $20 increase on cut grades the market reported in March.
 

Detroit in and out at sideways on primes, plus $20 on Cut Grades in March

By Bill Beck - March 14, 2018

Detroit mills continued to set the pace for North American scrap sales in March, coming out on the second day of the month sideways on prime grades and up $20 on cut grades. But this time, nearby markets did not follow suit. Chicago was up $10 on prime grades and up $30-$35 on cut grades and shredded, while Ontario mills were up $30 U.S. on cut grades and up $18 U.S. on prime grades.
 

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