![](https://recycledmetalsupdate.crugroup.com/wp-content/uploads/sites/5/2024/07/MIXED-Scrap-Yard-1-300x225.png)
Prices set to rally in August amid tight supply and rising demand
Market insights reveal anticipated $20/gt increase as mills and traders navigate limited scrap generation.
Market insights reveal anticipated $20/gt increase as mills and traders navigate limited scrap generation.
Scrap prices plummet, pig iron stays resilient.
Export resilience as ferrous recycled metal prices stay firm despite domestic dips.
One of the positive things about the market we are seeing are firm prices on export and relatively high pig iron prices as compared to the forecasted price of domestic scrap.
Prime scrap is due for another large decline in July.
The high-stakes gamble: Navigating the complex world of ferrous raw material substitutes
A bleak forecast for the market’s direction in July, potentially extending into August.
The ferrous market faces a summer slowdown with scrap demand weaking, while EV shifts and potential tariff impacts loom large.
U.S. scrap market stagnant amid summer demand.
We in the scrap industry should keep tuned to China’s proposed relaxation of ferrous scrap specifications