Sources inform SteelOrbis that in the Ohio and Pennsylvania region scrap is “trading up at an approximate increase of $20/gt ($20/mt) on prime scrap grades and $25-30/gt ($25-30/mt) on cut and obsolete grades" compared to December settled prices. The table below depicts the price ranges for the various scrap grades.
* Top number denotes change from the bottom of the previous month’s range and bottom number denotes change from the top of the same range in mt terms.
Ohio & Penn region (delivered to customer) |
January |
December |
Change* |
HMS I |
$335-345/mt $330-340/gt |
$300-315/mt $295-310/gt |
+$35/mt +$30/mt |
Shredded |
$356-361/mt $350-355/gt |
$330/mt $325/gt |
+$26/mt +$31/mt |
Busheling |
$386-391/mt $380-385/gt |
$365-381/mt $360-375/gt |
+$21/mt +$20/mt |
P&S |
$345-356/mt $340-350/gt |
$315-325/mt $310-320/gt |
+$30/mt +$31/mt |