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.
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
Disclaimer: Although the data in this publication have been taken from reliable sources, their integrity, accuracy and stability/constancy cannot be guaranteed. The data in this publication are not comprised of data gathered from transactions carried within the SteelOrbis system. Reports shall in no way be taken as a proposal for selling and buying. SteelOrbis assumes no responsibility from losses caused by using these data in commercial transactions. Please contact the Customer Relations Department for further questions.