As expected, US East coast scrap prices have settled up between $20-$30/gt ($20-$30/mt) across the board. Sources close to SteelOrbis have reported that while some yards have not fully completed their sales, that “up $20-$30/gt” is the price range in which yards are expected to complete their transactions.
Settled US East coast prices are listed in the chart below.
East coast | December | November | Change |
Delivered to customer | |||
HMS I | $234-$244/mt | $213-$224/mt | up $21/mt |
$230-$240/gt | $210-$220/gt | up $20/gt | |
Shredded | $264-$269/mt | $234/mt | up $30/mt |
$260-$265/gt | $230/gt | up $30/gt | |
Busheling | $274-$284/mt | $244/mt | up $30/mt |
$270-$280/gt | $240/gt | up $30/gt | |
P&S | $254-$259/mt | $229-$234/mt | up $25/mt |
$250-$255 | $225-$230/gt | up $25/gt |