Continuing Iron Age's Century-Long Tradition

Scrap Magnet

Torn from the pages of Iron Age, Scrap Magnet has been appearing within Scrap Price Bulletin for more than 20 years.  Digging deep into more long-term market factors, Scrap Magnet covers issues like scrap exports, transportation issues, spreads between prime scrap grades and shredded scrap and sustained downward trends in scrap pricing.


Scrap market starts 2018 with a bang following record cold temperatures

By Sean Barry - February 16, 2018

A blast of winter weather that held much of the eastern two-thirds of North America in its grip following the week after Christmas helped boost ferrous scrap prices to levels not seen in several years in January, building on solid gains posted the month prior.



The good, the bad and the unknown of Section 232

By Sean Barry - January 22, 2018

The long-awaited Section 232 report into whether U.S. steel imports endanger national security was finally submitted to president Trump earlier this month.

Robust demand set to propel scrap prices higher in 2018

By Sean Barry - December 18, 2017

Prices for ferrous scrap in North America are set to continue posting gains next year as economic growth is expected to boost demand for steel, while overseas buying activity is forecast to remain strong, according to the results of a recent survey by Scrap Price Bulletin.

When all is said and done, 2017 should end up about where it started

By Bill Beck - November 20, 2017

With another year nearly in the books, it is beginning to look like 2017 will end up about where it started. 

Alternate irons increasingly American-Made

By Bill Beck - October 16, 2017

For generations, alternate irons have served as a substitute for prime grades in North America’s blast furnace complexes and electric arc furnaces. But up until comparatively recent times, alternate irons were typically sourced from foreign suppliers: pig iron from Brazil and Russia, direct reduced iron from Trinidad, and hot briquetted iron from northern Europe.

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