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Scrap metal prices are the most important coverage we provide to subscribers, but a breakdown of price trends, related steel and iron costs and production rates, explain every price change.



Commentary > Trend Analysis

Is October settlement the bottom for now?

By Bill Beck - October 11, 2021

An October settlement that was widely anticipated to continue pushing prime grade pricing down ended late last week at sideways numbers in Cleveland, Pittsburgh and Philadelphia. Early indications going into trading were that busheling and bundles would be off $20 to $40, with one broker predicting that primes could drop $50 when all the dust had settled.

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