US ferrous scrap prices during the recent February buy-cycle negotiations in the US Ohio Valley and US Northeast regions settled $20-30/gt higher than equivalent January values, based on reports of a continued paucity of supply at local yards, recent weather-related supply disruptions, as well as solid demand from US domestic mills during monthly supply negotiations, market insiders told SteelOrbis this week.
US settled prices are below:
| Ohio Valley | February | January | Monthly Change |
| Delivered to customer | |||
| HMS I | $390-410/mt | $370-390/mt | Plus $20 to January |
| $385-405/gt | $365-385/gt | Plus $20 to January | |
| Shredded | $452-456/mt | $422-426/mt | Plus $30 to January |
| $445-450/gt | $415-420/gt | Plus $30 to January | |
| P&S | $427-437/mt | $407-417/mt | Plus $20 to January |
| $421-431/gt | $401-411/gt | Plus $20 to January | |
| Busheling | $452-462/mt | $421-431/mt | Plus $30 to January |
| $445-455/gt | $415-425/gt | Plus $30 to January |
| US Northeast | February | January | Monthly Change |
| Delivered to customer | |||
| HMS I | $370-385/mt | $350-365/mt | Plus $20 to January |
| $365-380/gt | $345-360/gt | Plus $20 to January | |
| Shredded | $400-410/mt | $370-380/mt | Plus $30 to January |
| $395-405/gt | $365-375/gt | Plus $30 to January | |
| P&S | $355-365/mt | $335-345/mt | Plus $20 to January |
| $350-360/gt | $330-340/gt | Plus $20 to January | |
| Busheling | $406-426/mt | $376-396/mt | Plus $30 to January |
| $400-420/gt | $370-390/gt | Plus $30 to January |
