US domestic scrap prices settle up across the board

Friday, 08 November 2019 22:12:40 (GMT+3)   |   San Diego
       

Scrap prices in the Ohio Valley and US East coast have settled up across the board during the November buy cycle.  Additional strength was seen for certain products on the East coast, sources note, due to recent upticks in export cargo prices to Turkey.

Sources further report that there were a handful of "outlier" transactions that took place on the East coast, at price points above the ranges listed below.
 

Ohio/Pennsylvania November October Change
 
HMS I $203-$213/mt $193/mt up $10-$20/mt
$200-$210/gt $190/gt up $10-$20/gt
Shredded $234-$249/mt $218-$224/mt up $16-$31/mt
$230-$245/gt $215-$220/gt up $15-$30/gt
Busheling $249-$264/mt $229-$234/mt up $20-$35/mt
$245-$260/gt $225-$230/gt up $20-$35/gt
P&S  $229 $208-$213/mt up $21/mt
$225/gt $205-$210/gt up $20/gt

 

East coast November October  Change
Delivered to customer
HMS I $213-$224/mt $193/mt up $20-$31/mt
$210-$220/gt $190/gt up $20-$30/gt
Shredded $234/mt $213/mt up $21/mt
$230/gt $210/gt up $20/gt
Busheling $244/mt $224-$229/mt up $20/mt
$240/gt $220-$225/gt up $20/mt
P&S  $229-$234/mt $203/mt up $26-$31
$225-$230/gt $200/gt up $25-$30/gt

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