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.   

 

Cincinnati

Obsoletes rise $20 and primes hold sideways in May trade

By Sean Barry - May 11, 2021

Strong demand from a robust steel industry and a recent kick up in export prices put a solid floor under North American ferrous scrap prices in May, with obsolete grades booking a $20 per gross ton increase on last month and prime grades holding sideways.
 

Scrap prices diverge in April amid mixed market conditions

By Sean Barry - April 9, 2021

Obsolete grades of ferrous scrap in North American handed back some of their recent gains in the monthly April trade amid healthy supply flows as improved spring weather conditions and higher prices at the scale brought material out of the woodwork and offset robust demand from steel mills and foundries, while prime grades held sideways.
 

Scrap prices rebound in March on supply deficit

By Sean Barry - March 8, 2021

North American ferrous scrap prices rebounded in March on a supply shortage driven by a combination of severe winter weather and a continuing deficit of silicon chips that is slowing down North American automotive production.
 

Oversupply sinks ferrous scrap prices in Feb

By Sean Barry - February 9, 2021

North American ferrous scrap prices, with the exception of prime grades, faced a sharp downside correction in February after two months of unprecedented runups as a wave of material hit the market amid slack export trade and higher inbound flows into dealer yards.
 

Demand slowdown puts US pig iron prices under pressure

By Sean Barry - February 9, 2021

US pig iron prices have come under downside pressure in early February trading as steel mills retreat to the sidelines amid healthy inventory levels and a growing weakness in scrap prices.
 

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