Continuing Iron Age's Century-Long Tradition

Regional Market Reports

Why did prices go up in one city and not in another? Did local steel production increase? What are scrap prices going to do next month? The answers are in these reports.   

 

US pig iron prices stable amid static market conditions

By Staff - August 13, 2019

Aside from a recent sale of Commonwealth of Independent States-sourced material, the US pig iron market remained fairly lackluster in early August trading, with the next sale expected to be sideways or possibly higher amid signs of improved market conditions.
 

Chicago and St. Louis settle at up $20 in August

By Bill Beck - August 13, 2019

After undergoing one of the more contentious settlements in recent years last month, Chicago quietly followed Michigan and Ohio mills in the middle of last week, settling at up $20 across the board - with the exception of machine shop turnings, which shot up nearly $70.
 

Detroit and Hamilton markets finally bounce off the bottom

By Bill Beck - August 13, 2019

After dropping $80 since May, ferrous scrap prices in Detroit and Hamilton finally began a slow upward climb in August. Detroit mills were out of the gate on August 2 with a $20 across-the-board increase. Mills in nearby Ontario settled early the next week at a $27 Cdn premium to July, equal to just over $20 US at the current exchange rate.
 

Dealers secure $20 rise in August on solid demand and limited supply

By Sean Barry - August 13, 2019

North American ferrous scrap prices rebounded in August as a supply squeeze caused by an easing in inbound flows and stronger mill demand helped reverse four straight months of price declines.
 

Pig Iron Prices Showing Promise On Upside

By Staff - July 16, 2019

Tightness in material, higher iron ore prices and a pending recovery in the US ferrous scrap arena is expected to benefit pig iron prices in the near-term.

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