Market
![survey results](https://recycledmetalsupdate.crugroup.com/wp-content/uploads/sites/5/2024/03/survey-1024x768.png)
March 26, 2024
RMU survey: Ferrous scrap prices seen flattening in April, while non-ferrous scrap prices are on the rise
Written by Stephanie Ritenbaugh
Recycled Metals Update monthly survey polls over 200 companies — dealers and processors, traders, mills and other segments of the sector.
We list a few of the highlights from this month’s survey.
The latest sentiment found in this month’s survey show 72% of the respondents anticipated that ferrous scrap prices are expected to flatten in April. That’s a reversal from the last survey, when about 77% of respondents anticipated a decline in ferrous for March.
Meanwhile, about 71% of those surveyed expect nonferrous prices to rise in April. This is in line with last month’s survey, as over 50% of the respondents anticipated an increase in pricing for March.
![](https://recycledmetalsupdate.crugroup.com/wp-content/uploads/sites/5/2024/03/survey-march-prices-1024x586.png)
On the demand side, the vast majority of those surveyed, about 86%, see demand for their products as steady, a more positive trajectory than the previous month, when only about half of respondents saw demand as stable.
![](https://recycledmetalsupdate.crugroup.com/wp-content/uploads/sites/5/2024/03/product-demand-survey-march-1024x587.png)
![](https://recycledmetalsupdate.crugroup.com/wp-content/uploads/sites/5/2024/08/Stephanie-Ritenbaugh_resized-300x300-1-150x150.jpg)