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Trend Analysis

Read Trend Analysis every week for a detailed look at the factors that influence the supply/demand balance and ferrous scrap prices.  Whether you track shredded scrap in Chicago, No. 1 heavy melt in Pittsburgh, or plate and structural in Detroit, it's all relative to the trend of the market.  

 

Will it be a June swoon or late spring fling for scrap?

By Staff - May 22, 2017

A slightly healthier supply of scrap is expected to meet a mill demand nearly even to last month’s levels, which would keep June’s scrap market sideways to down, respondents to the Scrap Trends Outlook monthly survey say.

May could be heading up, with sideways a possibility

By Staff - April 20, 2017

Although almost no one expects prices to fall next month, sellers and buyers are still somewhat separated on how the May market will shape up.

A downward adjustment is seen coming for April deals

By Staff - March 22, 2017

Prices rose, fell and rose again in the three months of the first quarter, and now the scrap market appears ready for a month in which prices change little, although a slight drop is possible for April, respondents to this month’s Scrap Trends Outlook survey said.

Confidence is running high that March will see gains

By Staff - February 21, 2017

Greater demand is expected to lead to price increases in the March scrap market, helped along by the possibility of tighter supply, respondents to the Scrap Trends Outlook monthly survey say.

February market not seen as moving much either way

By Staff - January 23, 2017

Views on the February market are somewhat divided, with respondents ranking the coming month as most likely to be sideways.

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