SteelOrbis has learned that scrap prices in the Northeast and Ohio Valley have settled up by approximately $20/gt ($20/mt), despite some mills' attempt to purchase at sideways. Busheling scrap prices in the Northeast, settled at sideways to up $10/gt. May settled scrap prices are listed in the charts below.
Northeast | May | April | Change |
Delivered to customer | |||
HMS I | $411/mt | $391/mt | up $21/mt |
$405/gt | $385/gt | up $20/gt | |
Shredded | $457/mt | $437/mt | up $20/mt |
$450/gt | $430/gt | up $20/gt | |
P&S | $422/mt | $401/mt | up $22/mt |
$415/gt | $395/gt | up $20/gt | |
Busheling | $498-$508/mt | $498/mt | sideways to up $10/mt |
$490-$500/gt | $490/gt +/- | sideways to up $10/gt |
Ohio/Western Pennsylvania | May | April | Change |
Delivered to customer | |||
HMS I | $422-$427/mt | $401-$406/mt | up $21/mt |
$415-$240/gt | $395-$400/gt | up $20/gt | |
Shredded | $457-$462/mt | $437-$442/mt | up $20/mt |
$450-$455/gt | $430-$435/gt | up $20/gt | |
Busheling | $599/mt | $579 +/- mt | up $20/mt |
$590/gt | $570 +/- gt | up $20/gt | |
P&S | $437-$447/mt | $417-$427/mt | up $20/mt |
$430-$440/gt | $410-$420/gt | up $20/gt |