October scrap prices in the US Northeast have finally settled. Although it was initially speculated that mills might try to take prices down by $10-$20/gt across the board this month, resistance from sellers has kept most grades stable. October scrap prices in this region ultimately held at sideways for HMS, P&S, and busheling scrap, whereas shredded scrap has settled down by $10/gt from September levels. This month’s pricing is listed in the chart below.
| Northeast | October | September | Change |
| Delivered to customer | |||
| HMS I | $315/mt | $315/mt | sideways |
| $310/gt | $310/gt | sideways | |
| Shredded | $396/mt | $406-$417/mt | down $10/mt |
| $360/mt | $400-$410/gt | down $10/gt | |
| P&S | $335/mt | $335/mt | sideways |
| $330/gt | $330/gt | sideways | |
| Busheling (Pittsburgh) | $412-$422/mt | $412-$422/mt | sideways |
| $405-$415/gt | $405-$415/gt | sideways |