By Sean Barry - March 11, 2019
Prices for obsolete and prime grades of ferrous scrap in the south of the country booked a $20 per gross ton rise in March as domestic and overseas demand for material remained healthy, while a blast of cold weather conditions in the north and Midwest slowed deliveries and generation levels this month.
By Sean Barry - January 16, 2019
Ferrous scrap prices faced heavy downside pressure in January amid a deluge of material generated by slack export trade over the past couple of months and clement weather in many parts of the country that helped keep scrap moving.
By Sean Barry - December 12, 2018
Prices for prime grades and turnings in the South and South East of the country dropped in December amid an uptick in supply and flat demand, while obsolete grades managed to hold their ground at last month’s level.
By Sean Barry - November 12, 2018
Ferrous scrap prices in the South and South East of the country posted gains in November as consumers were keen to secure material amid robust end-user demand and fewer shipping days due to the Thanksgiving holiday.
By Sean Barry - October 10, 2018
Ferrous scrap prices in the South and South East of the country moved up in unison in October after posting losses over the previous two months as a build up in inventories started to ease and volumes into mills and foundries remained high.