US East coast scrap prices settle upward for all grades

Friday, 06 December 2019 00:28:10 (GMT+3)   |   San Diego
       

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

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