Scrap Metal Prices and Scrap Metal Auctions

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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Current scrap recycling prices for various steel, iron and HMS grades based on spot market prices. Prices shown are LTL and TL
No.1 Steel (3 foot) - 409.50 ton USD No.1 Steel (2 foot) - 429.00 ton USD No.1 Steel (1 foot) - […]

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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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HISTORIC RISES IN EU STEEL PRICES DESPITE SLOWING DEMAND
EU steel prices are currently at record levels after meteoric advances through the first half of 2008. The MEPS hot rolled coil average transaction value has climbed by €310 per tonne since the low recorded in January of this year. This represents an increase of approximately 65 […]

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ASIAN AVERAGE CARBON STEEL PRICES - LATEST FORECASTS FROM MEPS
In the flat products category, our July forecasts are little changed from the previous month. Transaction values are expected to continue climbing from September onwards. An increase in the price of oil products, electricity and railway freight costs in China are likely to put upward […]

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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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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 […]

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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 […]

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THE MEPS WORLD ALL PRODUCTS STEEL PRICE RISES 7 PERCENT IN JUNE
US transaction prices continue to spiral upwards, although recent increases are more moderate. Nucor has announced a relatively small rise of $US30 per ton for August deliveries. Service centres are keeping inventories at minimum levels as their sales activity is slow. End-users, who are […]

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spot market prices for selected iron and steel scrap (LTL, TL) below:
Sheet Iron Scrap (Sheet Tin) 43.25 86.50 ton USD
 White Goods 32.44 64.88 ton USD
 Mixed Steel Can Scrap 90.82 129.75 ton USD
 Bundled Steel Can Scrap 151.38 216.25 ton USD
 E.C. Briquettes 224.90 281.12 ton USD
 Mixed Scrap Iron & Steel 276.80 346.00 ton USD
 No.1 Steel (HMS1) 346.00 […]

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Selected Spot Market Prices (LTL, TL) for the U.S. below:
Rerollable Ship Plate - 562.25 ton USD
Scrap Railcar Wheels   389.25   432.50 ton USD
Scrap Railcar Axles      389.25   432.50 ton USD
Scrap RailCars              428.18   475.75 ton USD
Mixed Scrap Rail         467.10    519.00 ton USD
No.1 Scrap Rail             525.49   583.88 ton USD
No.2 Scrap Rail            506.03   562.25 ton USD
No.3 Scrap Rail            486.56    540.62 […]

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 Tung Ho Steel sets price hike on H-beam
Taiwan’s Tung Ho Steel has raised its H-beam prices again for July, although both Taiwan domestic and import scrap prices dropped by about NT$1,300 to 1,400/ton.
The company is adding its H-beam price by NT$1,000/ton due to a strong global demand.
Another major H-beam producer, Dragon Steel said they are […]

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Spot market prices for steel mill scrap metal prices (LTL, TL) below: 
No.1 Steel (3 foot) - 443.62 ton USD
 No.1 Steel (2 foot) - 464.75 ton USD
 No.1 Steel (1 foot) - 443.62 ton USD
 Special Plate Punchings - 507.00 ton USD
 No.2 Steel (3 foot) - 397.15 ton USD
 No.2 Steel (2 foot) - 401.38 ton USD
 No.2 Steel (1 foot) […]

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Current Prices for Steel, Rebar, Plate and Hot and Cold Rolled Steel can be found at
http://www.scrapmetalpricesandauctions.com/iron-steel/steel-benchmarker/
There are several charts showing prices per lb.

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EU-FLAT PRODUCTS STEEL PRICES CONTINUE TO CLIMB IN JUNE
The relentless upward movement in EU prices continues. Customers are obliged to accept the new higher third quarter values demanded by local producers. Prices of imported strip into Europe are still increasing this month, although less material is entering the region. There is relatively little steel from […]

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