Continuing Iron Age's Century-Long Tradition

Trend Analysis

Read Trend Analysis every  week for a detailed look at the factors that influence the supply/demand balance and ferrous scrap prices.  Whether you track shredded scrap in Chicago, No. 1 heavy melt in Pittsburgh, or plate and structural in Detroit, it's all relative to the trend of the market.  


Scrap market to start New Year with a bang

By Staff - December 16, 2020

An overwhelmingly bullish sentiment driven by a deepening shortage of ferrous scrap and strong demand propelled the Trend Indicator to its highest ever reading of 80 for January, surpassing the previous high of 76 in January this year.

November market seesaws toward strong sideways

By Bill Beck - November 9, 2020

After all the tumult and the shouting, the November ferrous scrap market wound up a strong sideways, a trend that many in the community had been predicting since mid-October.

Market expectations firm ahead of Nov settlement

By Sean Barry - November 2, 2020

The outlook for the North American ferrous scrap market continues to brighten heading into the monthly November trade negotiations this week amid strong export demand and high finished steel prices that have edged past $680 per short ton. 

Nov mart set to find support from export pickup

By Sean Barry - October 26, 2020

Steady domestic demand and renewed buying activity at the nation’s docks is expected to underpin the ferrous scrap market heading into November, according to the latest Scrap Trends Outlook. 

Balanced market conditions set to keep Nov prices flat

By Staff - October 22, 2020

The North American ferrous scrap market is poised for a soft sideways move in November as adequate supply flows are expected to be met by a recent pickup in export activity and stable domestic demand.

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