![scrap yard ferrous](https://recycledmetalsupdate.crugroup.com/wp-content/uploads/sites/5/2024/06/Mix-Yard-2-300x225.png)
Grim outlook: Market experts predict sharp decline in July scrap prices
A bleak forecast for the market’s direction in July, potentially extending into August.
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
Crucial insights into the current state and future outlook of the #ferrous scrap market.
Heading into June, the sentiment was for weaker prices. Now we know what we're dealing with.
The mill buyers sense an opportunity due to the weaker demand and softer steel prices.
As HRC prices struggle to find a bottom, mills are unlikely to provide any relief to the scrap industry.
What's the ferrous scrap market outlook for June?
These new tariffs may help our steel industry to keep prices at elevated levels, whether deserved or not. But what effect will it have for the recycled metals community?