Ivan Lechuga
I am a marketing major from Tecnologico de Monterrey, Campus Monterrey, in Mexico. I have been covering the ferrous sector for four years. At SteelOrbis I cover the N. America ferrous scrap market, which, in the case of the US, includes the domestic and exports market. For Mexico and Canada, I cover the domestic scrap market.
Canada’s domestic scrap prices increase on currency exchange rates, shredder feed falls
Mexican domestic scrap market could enter a downturn, prices remain stable in the meantime
US domestic ferrous scrap prices sideways across the board in June, primes could see uptick in July
USWC docks’ bulk scrap prices trend flat, containerized drop minimally
USEC bulk and containerized dock prices hold this week, shredder feed could come off due to EMR fire
Mexico’s domestic ferrous scrap prices trend sideways for another week
US domestic ferrous scrap prices trend sideways across the board in June in the limited amount of deals seen so far
USWC/USEC containerized scrap to docks’ prices continue sliding down
USEC dock prices remain essentially unchanged amid a softening exports environment
Mexican domestic scrap prices remain flat in the North, Central, and Bajio regions
US domestic scrap prices are still expected to be mainly sideways in June, yet some bearishness has broken through
USWC/USEC containerized ferrous scrap prices soften, USWC bulk scrap drops as well for the second week
In USEC, New York and Philadelphia dock prices drop $10/gt, Boston remains unchanged
Mexican domestic scrap prices remain flat this week, rumors of some buyers coming back to the market
US domestic ferrous scrap market could remain sideways in June
USWC docks buyers lower bulk scrap prices by $15/gt, containerized scrap remains unchanged
New York and Philadelphia dock scrap prices remain unchanged for another week, while Boston prices improve
Mexican ferrous scrap market convoluted as last purported price drops and first sign of increases converge this week
Canadian domestic scrap prices in May show an increase for prime grades, a decrease in obsoletes
US ferrous scrap prices stay sideways for obsolete grades, increase for prime grades
USWC docks prices move up for containerized, stay flat for bulk
USEC ferrous scrap prices to the docks inch up, but could be a while till they grow again
Mexican domestic scrap prices unchanged for another week
US domestic mills in the Midwest start to announce +$20/gt in primes, sideways on obsoletes
USWC bulk and containerized prices remain unchanged another week
USEC dock prices remain unchanged; some sellers have received better pricing, yet the ranges remain the same
Mexican domestic scrap prices trend sideways this week with a few exceptions
US domestic ferrous scrap order cancellations shake up May projections
USWC bulk dock scrap prices unchanged, containerized continues to inch up marginally
US East Coast (USEC) prices to docks remain unchanged as ocean freight costs rise
Mexican domestic scrap prices increase slightly, general upward trend expected for May
US domestic ferrous sentiment improves ahead of May trading cycle
USWC bulk scrap dock prices trend flat, containerized inches up
US East Coast (USEC) docks prices continue to trend flat as fuel surcharges continue to rise
Mexico’s domestic ferrous scrap prices continue to decrease, possible market floor has been reached
US ferrous scrap export market heats up, May domestic could trend sideways
USWC containerized scrap continues to climb, bulk prices stable
USEC dock prices, cut grades unchanged, shredder feed rises by $8/gt
Canadian domestic ferrous prices settle in April down C$20/nt for secondary grades, up C$5/nt for prime grades
US April domestic scrap prices settle -$20/gt on obsoletes, sideways on primes, in most markets
Mexican scrap prices fall MXN 200-300/mt as downturn continues
USWC docks bulk prices stable, containerized inches up $5/mt
US April scrap trade opens with most mills announcing -$20/gt on secondary grades, sideways on primes
USEC docks’ prices see slight improvement as HMS I moves to $280-290/gt delivered
Mexican ferrous domestic scrap prices enter second week of downturn
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