ASIAN AVERAGE CARBON STEEL PRICES - LATEST FORECASTS FROM MEPS

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 […]

US Scrap H1 Steel and Iron Price Continue Downward Spiral

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, […]

US Scrap Steel Prices Down in October

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 […]

Steel Drops 30 to 50 Percent in Price since Late July

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

U.S. Scrap Steel HMS Prices Plunge in October

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 […]

American H1 Steel Scrap Prices Drop in October

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 […]

US Scrap Steel Prices Continue to Drop

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 […]

STEEL PRICE CORRECTION IN EU NOW UNDERWAY

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 […]

Current Rail, Iron, HMS and Steel Scrap Metal Prices

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) […]

Current Iron and Steel Scrap Metal Pricing

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 […]

United States USA HMS 1 Steel Scrap Prices Summary

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 […]

Steel and Iron Mill Scrap Metal Recycling Prices

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) - […]

EU STEEL PRICES STILL RISING DUE TO A SCARCITY OF IMPORTS

The EU flat products’ market continues to be characterised by supply tightness and rising prices in a climate of relatively flat demand. The availability of competitively priced steel from third countries remains at a low level. Meanwhile, ArcelorMittal announced a further increase on strip mill products of around €50 per tonne for new bookings for […]

Steel and Iron Scrap Metal Prices USA

Selected Spot Market Scrap Metal Prices for steel and iron (LTL, TL):
No.1 Steel (3 foot) - 454.12 ton USD
No.1 Steel (2 foot) - 475.75 ton USD
No.1 Steel (1 foot) - 454.12 ton USD
Special Plate Punchings - 519.00 […]

Iron and Steel Scrap Metal Recycling Prices

Selected spot market scrap metal recycling prices for steel and iron scrap in the USA in LTL, TL below:
Sheet Iron Scrap (Sheet Tin) 43.25 86.50 ton USD
White Goods 32.44 64.88 ton USD
Mixed Scrap Iron & Steel 276.80 346.00 ton […]