US scrap prices stable in July as tighter local supply balanced by low export demand, weak currency

Tuesday, 08 July 2025 17:49:10 (GMT+3)   |   San Diego

Prices for US ferrous scrap for July delivery in the Ohio Valley and the Northeast remained unchanged this month compared to June. Continued reports of tightening domestic inventory were balanced by limited export demand and general weakness in international currency markets following the June 4 increase in Section 232 steel and aluminum tariffs from 25 percent to 50 percent.

US settled prices are below:

Ohio Valley July June Monthly Change
Delivered to customer
HMS I $330-351/gt $330-351/gt Sideways to June
$325-345/gt $325-345/gt Sideways to June
Shredded $381-387/mt $381-387/mt Sideways to June
$375-380/gt $375-380/gt Sideways to June
P&S $367-377/mt $367-377/mt Sideways to June
$361-371/gt $361-371/gt Sideways to June
Busheling $443-468/mt $443-468/mt Sideways to June
$435-460/gt $435-460/gt Sideways to June
US Northeast July June Monthly Change
Delivered to customer
HMS I $310-325/mt $310-325/mt Sideways to June
$305-320/gt $305-320/gt Sideways to June
Shredded $330-342/mt $330-342/mt Sideways to June
$325-335/gt $325-335/gt Sideways to June
P&S $300-310/mt $300-310/mt Sideways to June
$295-305/gt $295-305/gt Sideways to June
Busheling $387-407/mt $387-407/mt Sideways to June
$380-400/gt $380-400/gt Sideways to June

Similar articles

US flat steel price edges higher again, May scrap now adds to bullish fundamentals

15 May | Flats and Slab

US long steel prices steady to up, market not yet fully accepting price increases

14 May | Longs and Billet

Nucor CSP up for 17th week on domestic demand, low imports, energy prices

11 May | Flats and Slab

US import long steel prices flat for second week as markets navigate Mideast uncertainty

08 May | Longs and Billet

US long steel prices steady as market considers May rebar mill price increases

07 May | Longs and Billet

US long steel prices steady to up with tight supply, spring maintenance

30 Apr | Longs and Billet

US flat steel prices steady to up on solid demand, ongoing maintenance, war uncertainty

10 Apr | Flats and Slab

Nucor Consumer Spot Price up for 12th week on scrap, steady steel demand, low imports

06 Apr | Flats and Slab

US flat steel prices up amid steady demand, solid scrap, tighter supply

27 Mar | Flats and Slab

US flat steel prices mostly higher amid solid demand, Mideast war could stall low imports

20 Mar | Flats and Slab

Marketplace Offers

Scrap
Tin foil
GERDAU CORSA
Scrap
Burr
GERDAU CORSA
Scrap
Industrial return
GERDAU CORSA