Settled scrap prices in Ohio / Western Pennsylvania are noted in the chart below. Sources close to SteelOrbis have noted that buying volumes have been "very light." It's further speculated that significant improvement in ferrous prices may emerge in September.
Ohio/Western Pennsylvania | August | July | Change |
Delivered to customer | |||
HMS I | $193-$203/mt | $193-$203/mt | neutral |
$190-$200/gt | $190-$200/gt | neutral | |
Shredded | $244/mt | $229-$239/mt | up $15/mt |
$240/gt | $225-$235/gt | up $15/gt | |
Busheling | $264-$269/mt | $284-$290/mt | down $20/mt |
$260-$265/gt | $280-$285/gt | down $20/gt | |
P&S | $218-$224/mt | $213-$218/nt | up $5/mt |
$215-$220/gt | $210-$215/gt | up $5/gt |