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Will the pricing trends for 'obsolete' and 'prompt' converge in August?
Narrow opening for a rise in obsolete scrap prices. But prompt scrap looks like it will be higher in August.
Narrow opening for a rise in obsolete scrap prices. But prompt scrap looks like it will be higher in August.
The settlements for the August ferrous scrap market are upon us and there is speculation the market has reached the bottom.
Market insights reveal anticipated $20/gt increase as mills and traders navigate limited scrap generation.
Could ferrous scrap prices have hit bottom?
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.
Scrap metal markets face dynamic shifts: Aluminum steady, copper surging, steel struggling.
A bleak forecast for the market’s direction in July, potentially extending into August.
U.S. scrap market stagnant amid summer demand.