SteelOrbis has confirmed that scrap prices in the US Northeast and Ohio Valley have indeed settled at sideways. This month’s pricing is listed in the chart below.
Northeast | December | November | Change |
Delivered to customer | |||
HMS I | $447/mt | $447/mt | sideways |
$440/gt | $440/gt | sideways | |
Shredded | $508/mt | $508/mt | sideways |
$500/gt | $500/gt | sideways | |
P&S | $457/mt | $457/mt | sideways |
$450/gt | $450/gt | sideways | |
Busheling* estimated | $547-$569 | $547-$569 | sideways |
$550-$560/gt | $550-$560/gt | sideways |
Ohio Valley /Western Pennsylvania | December | November | Change |
Delivered to customer | |||
HMS I | $483-$488/mt | $483-$488/mt | sideways |
$475-$480/gt | $475-$480/gt | sideways | |
Shredded | $539+/mt | $539+/mt | sideways |
$530+/gt | $530+/gt | sideways | |
P&S | $508-$513/mt | $508-$513/mt | sideways |
$500-$505/gt | $500-$505/gt | sideways | |
Busheling | $640-$650/gt | $640-$650/gt | sideways |
$630-$640/gt | $630-$640/gt | sideways |