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.   

 

St. Louis

Chicago, St. Louis markets resume bullish trend in March

By Bill Beck - March 9, 2021

A siege of brutal winter weather that stretched from Texas to the Great Lakes in the shortest month of the year and a continuing shortage of silicon chips that is slowing down North American automotive production contributed to a relatively quick March settlement.
 

Chicago, St. Louis markets tap the brakes in February

By Bill Beck - February 10, 2021

After increasing $90 for prime grades and $80 for cut grades in December, ferrous scrap was up another $80 to $100 in January. That came to a screeching halt in February, when mills pushed cut grades down $50 and held prime grades sideways in a fairly quick monthly settlement.
 

Chicago, St. Louis markets tap the brakes in February

By Bill Beck - February 10, 2021

After increasing $90 for prime grades and $80 for cut grades in December, ferrous scrap was up another $80 to $100 in January. That came to a screeching halt in February, when mills pushed cut grades down $50 and held prime grades sideways in a fairly quick monthly settlement.
 

Chicago, St. Louis markets up sharply again in January

By Bill Beck - January 13, 2021

Scrap prices across much of the Midwest accelerated into January, fueled by mill and export demand, exceeding the explosive settlements of December. After increasing $90 for prime grades and $80 for cut grades last month, ferrous scrap was up another $80 to $100 in January.
 

Chicago, St. Louis markets explode in December

By Bill Beck - December 10, 2020

A Midwest market that was expected to be up $30 to $50 at the beginning of December literally exploded as the first week of the month progressed.
 

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