US Ohio Valley scrap prices down $20/gt amid low finished steel prices

Wednesday, 10 July 2024 20:56:22 (GMT+3)   |   San Diego

US scrap prices in the Ohio Valley settled flat to down $20/gt for July versus June settled values amid continued softness in hot rolled coil prices. Settled prices are below:

Ohio Valley  July June Change
Delivered to customer  
HMS I $325/mt   $325/mt   flat to June
$320/gt $320/gt flat to June
Shredded $376-386/mt $386/mt flat to down $10/mt
$370-$380/gt $380/gt flat to down $10/gt
P&S  $351-$361/mt $361/mt flat to down $10/mt
$345-$355/gt $355/gt flat to down $10/gt
Busheling $361-$381/mt $381/mt flat to down $20/mt
$355-$375/gt $375/gt flat to down $20/gt
BrianWhary
Brian Whary
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I graduated from Rutgers University with a Bachelor of Arts Degree in Journalism, having started my career covering US energy markets for 15 years. For the past several years, I have transitioned to coverage of the US steel markets, where my focus has been on providing daily price reporting and industry news for US scrap, flat steel and domestic and import long steel markets.

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