Although late-May predictions were that scrap would come down by $20-$30/gt during this month's buy cycle, price have settled down by $40-$60/gt depending on the grade.
Settled Ohio Valley scrap prices are listed in the chart below.
| Ohio Valley | May | May | Change |
| Delivered to customer | |||
| HMS I | $335/mt | $376/mt | down $41/mt |
| $330/gt | $370/gt | down $40/gt | |
| Shredded | $417/mt | $478/mt | down $61/mt |
| $410/gt | $470/gt | down $60/gt | |
| P&S | $406/mt | $457/mt | down $51/mt |
| $400/gt | $450/gt | down $50/gt | |
| Busheling | $462/mt | $523/mt | down $61/mt |
| $455/gt | $515/gt | down $60/gt |