Posted on May 5th, 2009 by admin
NORTH AMERICAN AVERAGE CARBON STEEL PRICES – LATEST FORECASTS FROM MEPS
Flat products transaction values are likely to continue decreasing over the next few months, even though the steelmakers are operating close to, or under, the cost of production. There are rumours suggesting that further discounting is being undertaken. This could add further downward pressure in [...]
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Posted on April 19th, 2009 by admin
Many subscribers and readers ask What is the current scrap metal recycling price for HMS, steel and iron? There is no direct answer to this question as there are many grades of steel, iron and HMS scrap. For example, there is plate and structural (P&S), #1 unprepared steel, #1 prepared steel, HMS 1, HMS 2 [...]
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Posted on December 22nd, 2008 by admin
How far will the stimulus packages announced by various countries impact the consumption of steel as steel prices recovered prices recovered in Asia which was attributed to seasonal recovery.
The outlook still remains uncertain on the demand front, given the concerns over the implementation of the packages and persistent deterioration in the consumer confidence, coupled with [...]
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Posted on November 7th, 2008 by admin
Financial problems across the region are expected to negatively affect demand over the coming months. This, coupled with weak export markets, will push transaction values for all flat products lower in the short term. De-stocking by distributors is forecast to continue during the final quarter. Consequently, mill sales volumes are likely to drop further. This [...]
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Posted on October 23rd, 2008 by admin
US H1 scrap prices down
On October 20, the average price of H1 scrap in Pittsburgh, Chicago, and Philadelphia was US$182.50/long ton, down by US$6.67/long ton from last week. The price of No.2 bundle scrap was US$139.50/long ton, as the same as last week.
Among them, the average price of H1 scrap in Pittsburgh was US$194.50/long ton, [...]
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Posted on October 18th, 2008 by admin
US H1 scrap prices dropOn October 13, the average price of H1 scrap in Pittsburgh, Chicago, and Philadelphia was US$189.17/long ton, down by US$61.66/long ton from last week. The price of No.2 bundle scrap was at US$139.50/long ton, down by US$105/long ton from last week.
Among them, the average price of H1 scrap in Pittsburgh was [...]
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Posted on October 15th, 2008 by admin
A global trend toward less demand and lower pricing for steel has become pronounced since late July, according to a summary prepared by the London Metal Exchange (LME). For complete article go to http://www.recyclingtoday.com/News/news.asp?Id=14002
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Posted on October 13th, 2008 by admin
American scrap has been suffering from a serious price plunge since September because of lower demand in both domestic and global markets; the price will drop again during October but buyers are still waiting to see what the future trends will be.
At present, the angle scrap price is US$320~330/ton in the eastern gulf, the fragment [...]
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Posted on October 7th, 2008 by admin
American H1 scrap prices decrease After rising by US$30~50/ton in September, American domestic H1 scrap price dropped again in the first week of October due to very weak demand in the domestic market.
The current price is US$220/ton. Meanwhile, America’s main scrap exporter, Sims Group has cut the purchase price of scrap by US$90/ton. Due to [...]
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Posted on October 2nd, 2008 by admin
On September 29, the average price of H1 scrap in Pittsburgh, Chicago, and Philadelphia was US$290.83/long ton, down by US$6.67/long ton from last week. The price of No.2 bundle scrap was at US$224.5/long ton, as the same as last week.
Among them, the average price of H1 scrap in Pittsburgh was US$299.5/long ton and in Chicago [...]
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Posted on September 18th, 2008 by admin
There has been very little movement in strip mill product prices since July. However, demand over the holiday period has been slower than normal for the time of year because of the current poor economic climate. This has caused growing concern over the trend for the final quarter. Most companies have sufficient inventories for the [...]
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Posted on September 11th, 2008 by admin
Current scrap metal recycling prices for HMS, Steel, Iron, Cast and Rail as per current spot market prices. Prices are in United States Dollars per ton.
No.1 Steel (3 foot) – 451.50 ton USD
No.1 Steel (2 foot) – 473.00 ton USD
No.1 Steel (1 foot) [...]
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Posted on September 3rd, 2008 by admin
Current iron and steel scrap metal prices are provided below which are based upon current spot market pricing. Prices shown are for less then truck loads and full truck loads:
Sheet Iron Scrap (Sheet Tin) 46.00 92.00 ton USD
White Goods 34.50 69.00 ton USD
Mixed Steel [...]
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Posted on August 22nd, 2008 by admin
American H1 scrap price remains steady
On August 18, American H1 scrap prices in Pittsburgh, Chicago, and Philadelphia all keep steady around US$449.17/long ton. It is the same with the price last week. The price of one bundle scrap No.2 remain by US$427/long ton.
In Pittsburgh, the H1 scrap price is around US$474.50/long ton. In Chicago, the [...]
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Posted on August 5th, 2008 by admin
Spot market prices for iron and steel scrap metals presented below. Prices are for full truck loads and are in USD per ton:
No.1 Steel (3 foot) – 514.50 ton USD
No.1 Steel (2 foot) – 539.00 ton USD
No.1 Steel (1 foot) – [...]
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