SMU: HRC vs. prime scrap spread narrows further in June
The average HRC price dropped this week, and the June price for busheling scrap tumbled from May.
Contributor: Ethan Bernard
Ethan Bernard
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Ferrous scrap prices tumble in March
US ferrous scrap prices fell steeply in March for HMS, shredded, and prime scrap, sources told SMU. “The March ferrous market was considerably softer due in general to better-than-expected inflows in February, less demand from US mills thanks to falling finished steel prices, and less demand from lackluster markets overseas,” one scrap source said. The […]
UAW, Ford reach tentative pact, avert strike at Kentucky Truck Plant
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HRC vs. busheling scrap spread narrows in February
The spread between hot-rolled coil (HRC) and prime scrap prices narrowed further this month, according to SMU’s most recent pricing data. The post HRC vs. busheling scrap spread narrows in February appeared first on Steel Market Update.
Prime scrap tags fall in February, HMS and shredded mostly flat
US busheling scrap prices fell this month, while HMS and shredded grades remained largely unchanged. The post Prime scrap tags fall in February, HMS and shredded mostly flat appeared first on Steel Market Update.