US ferrous scrap price settles during the recent December 2025 buy-cycle negotiations in the US Ohio Valley and US Northeast regions settled $10-20/gt ($10-20/mt) higher than equivalent November values, based on improved domestic and export scrap demand, and a reported growing paucity of supply, market insiders told SteelOrbis this week. Insiders said US domestic demand was improved this month as more steel productive capacity returned to active production following the completion of yearly maintenance operations.
US settled prices are below:
| Ohio Valley | December | November | Monthly Change |
| Delivered to customer | |||
| HMS I | $340-360/mt | $320-340/mt | Plus $20 to November |
| $335-355/gt | $315-335/gt | Plus $20 to November | |
| Shredded | $391-396/mt | $371-376/mt | Plus $20 to November |
| $385-390/gt | $365-370/gt | Plus $20 to November | |
| P&S | $377-387/mt | $357-367/mt | Plus $20 to November |
| $371-381/gt | $351-361/gt | Plus $20 to November | |
| Busheling | $401-411/mt | $391-401/mt | Plus $10 to November |
| $395-405/gt | $385-395/gt | Plus $10 to November |
| US Northeast | December | November | Monthly Change |
| Delivered to customer | |||
| HMS I | $320-335/mt | $300-315/mt | Plus $20 to November |
| $315-330/gt | $295-310/gt | Plus $20 to November | |
| Shredded | $340-350/mt | $320-330/mt | Plus $20 to November |
| $335-345/gt | $315-325/gt | Plus $20 to November | |
| P&S | $305-315/mt | $285-295/mt | Plus $20 to November |
| $300-310/gt | $280-290/gt | Plus $20 to November | |
| Busheling | $356-376/mt | $346-366/mt | Plus $10 to November |
| $350-370/gt | $340-360/gt | Plus $10 to November |
