Settled US Ohio Valley / Western Pennsylvania scrap numbers

Monday, 11 October 2021 21:48:37 (GMT+3)   |   San Diego
       

Scrap prices within the Ohio Valley / Western Pennsylvania region settled “mostly sideways” during this month’s buy cycle, although settled busheling scrap prices are a bit difficult to pinpoint. Whereas some mills in the region bought at sideways, others who already had prime grade scrap on hand, bought busheling scrap, in some cases, down at a significant discount from September settled levels. “It basically all depends on the mill you’re taking about,” a source said. “There really wasn’t any uniformity in terms of where busheling prices settled. Prices varied, in some cases, quite a bit depending on the mill that bought it.”

 

Ohio Valley /Western Pennsylvania  October  September Change
Delivered to customer
HMS I $417-$422/mt $417-$422/mt neutral
$410-$415/gt $410-$415/gt neutral
Shredded $462/mt $462/mt neutral
$455/gt $455/gt neutral
P&S  $447/mt $447/mt neutral
$440/gt $440/gt neutral
Busheling $599-$610/mt $610/mt mostly neutral, but prices varied widely from mill to mill
$590-$600/gt $600-$610/gt mostly neutral, but prices varied widely from mill to mill

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