Scrap market awaits direction as mills hold off
Both ferrous and non-ferrous scrap markets seem to be following suit to market holding patterns amid U.S. presidential election outcome.
Both ferrous and non-ferrous scrap markets seem to be following suit to market holding patterns amid U.S. presidential election outcome.
Are export prices driving domestic ferrous scrap markets, or is it just industry speculation?
Strong upward momentum predicted for the ferrous scrap market, despite quiet export and political tensions.
It is not uncommon for the November scrap market to trade sideways.
In the Southeast, sentiment is looking up as demand for scrap seems to be back to somewhat normal levels.
U.S. mills hold the line on ferrous scrap prices despite supply strains, but can they keep it up?
Why the shift in pig iron markets and what does that mean for the domestic market?
Although there has been no official scrap buys as of this morning, scrap industry players are saying the October market will rise above the prices paid in September.
With prices surging amid global uncertainties and renewed Turkish demand, it hints at a potential shift for the months ahead.
Calm before the storm: The scrap market is sending mixed signals and we're heading into Q4 without the usual urgency