US domestic scrap prices in the Northeast settled flat to up $50/gt versus June values amid strong export demand as lower prices and recent heatwaves reduced inventories at local scrapyards.
Northeast |
July |
June |
Change |
Delivered to customer |
|||
HMS I |
$295/mt to $320/mt |
$295/mt |
flat to up $25/mt from June |
$290/gt to $315/gt |
$290/gt |
flat to up $25/gt from June |
|
Shredded |
$376/mt |
$376/mt |
flat to June |
$370/gt |
$370/gt |
flat to June |
|
P&S |
$325/mt to $345/mt |
$325/mt |
flat to up $20/mt from June |
$320/gt to $340/gt |
$320/gt |
flat to up $20/gt from June |
|
Busheling (Pittsburgh) |
$356/mt to $391/mt |
$341/mt |
up $15/mt to $51/mt from June |
$350/gt to $385/gt |
$335/gt |
up $15/gt to $50/gt from June |
