Groundhog Day – September’s Scrap Market
Chicago's Ferrous Scrap Metal Market After five consecutive months of falling prices, Chicago's ferrous scrap market has begun to feel like Groundhog Day. US st ...
Under Pressure – August’s Scrap Market
Falling pig iron and finished steel prices, cool export demand, traditional summer slowdown and the Illinois River closer added downward pressure to August ferr ...
Bearish Outlook- July’s Scrap Market
Bearish Sentiment - July's Scrap Market The bearish outlook came into focus after the delayed start to July's ferrous scrap metal trading finally kicked-off i ...
Free Fall – June’s Scrap Metal Market
US scrap markets are free falling into the summer months. What originally felt like a soft sideways ferrous scrap market, quickly turned into steep drop with so ...
Corrections in Order- May’s Scrap Market
After a wild ride, US ferrous and non-ferrous scrap markets were due for a correction. Scrap demand has begun to relax since supply chain disruptions triggered ...
Tipping Point- April’s Scrap Market
April's forecast for the US ferrous scrap market lost steam and quickly changed from bullish to disappointing as March's buying madness subsided and cooled down ...
Skyrocketing Primes – April’s Forecast
US Ferrous scrap markets are forecasted to skyrocket in April and will mark the second largest 1 month gain since 2008. Prime grades of scrap metal will soar ...
March Madness – March Scrap Market
Midwest ferrous scrap prices were forecasted to increase in March due to adverse weather conditions, infrastructure demands and new domestic EAF capacity. Add ...
Cold Snap | February Scrap Market
Prime grades of scrap metal followed finished steel's downward trend, dropping $25 per gross ton. Prime grades, including Busheling and Bundles, are down 15% si ...
Frozen Market – January Market Update
Unlike last year, 2022 kicked off with lower ferrous scrap prices in the Midwest. Historical trends generally start the new year with a market increase. Last ye ...