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.   

 

Chicago, St. Louis markets bounce back from disastrous April

By Bill Beck - May 11, 2020

At the end of last month, pessimists weren’t expecting much of the May market. The unprecedented nature of the spread of novel coronavirus (2019-nCoV) had many thinking that the month would see a strong uptick for prime grades and perhaps a strong sideways on everything else. 
 

US alternative iron market dragged down on latest sales

By Sean Barry - May 11, 2020

US pig iron prices continued to face downside pressure in early May trading as reduced offers out of Brazil and the Commonwealth of Independent States (CIS) enticed steel mills off the sidelines of the market following a prolonged period of inactivity.
 

Ferrous scrap prices whipsaw in May on supply deficit

By Sean Barry - May 11, 2020

Ferrous scrap prices in North America rebounded in May as supplies dried to a trickle in the wake of falling prices at the scale and reduced industrial output.
 

Detroit, Ontario markets return to March pricing levels

By Bill Beck - May 11, 2020

In one of the more tumultuous trading sessions in recent years, ferrous scrap prices in Detroit and Ontario returned to the same or higher levels than where they were in March. Markets were off $30 to $50 in April due to an unprecedented economic contraction in North America as governments locked down populations in an attempt to stem the spread of the novel coronavirus (2019-nCoV).
 

Ferrous scrap market hammered by virus-driven slowdown

By Sean Barry - April 14, 2020

Ferrous scrap prices in North America crashed in April as economic activity across the continent ground to a halt in the wake of the rapid spread of the novel coronavirus (2019-nCoV).
 

 

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