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.

 

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.
 

Transportation woes reach crisis point

By Sean Barry - September 18, 2017

Ask a ferrous scrap dealer or broker what the most immediate challenge facing the industry is and the answer will likely be unanimous – transportation.

Weak dollar driving best export market in five years

By Bill Beck - August 21, 2017

A U.S. dollar that began losing strength against a basket of foreign currencies earlier this summer and hasn’t stopped dropping since is driving a boom in ferrous scrap export sales that has the potential to finally halt the annual slide in export tonnages.
 

‘A Very Good Year’

By Bill Beck - July 17, 2017

One Philadelphia broker articulated last week what many in the ferrous scrap industry think – if they don’t say it outright – about the business during the first six months of 2017.
 

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