By Staff - March 23, 2018
Prices for North American ferrous scrap are forecasted to continue posting gains in April amid expectations of strong demand following the recent roll out of a 25 percent import tariff on steel products.
By Sean Barry - February 23, 2018
Robust domestic demand and early signs of renewed export activity look set to put a solid floor under the North American ferrous scrap market in March, with the Scrap Trends Outlook Trend Indicator number continuing to be bullish at 65.1, its highest level for the month since the Outlook started nearly eight years ago.
By Sean Barry - January 22, 2018
The North American ferrous scrap market is showing early signs of positivity heading towards next month in the wake of firm demand domestically and overseas, while the lingering impact of brutal winter weather in many parts of the country could keep stocks snug.
By Sean Barry - December 20, 2017
Ferrous scrap prices in North America are expected to continue rising in early New Year trading and build on solid gains achieved in December, with the Scrap Trends Outlook trend indicator number surging to 71.6, a record high since the Outlook began in April 2010.
By Sean Barry - November 21, 2017
The North American ferrous scrap market is expected to finish the year on a positive note despite the holiday period amid a confluence of factors such as easing supply flows, robust demand and steady export trade.