Ferrous: Ferrous scrap markets are slowly improving as the flow of scrap into mills appears to be in a good balance with new steel demand. Ferrous prices saw a slight improvement in April and are seeing a “sideways” or unchanged market across most of the nation in May. This further reinforces that we have indeed […]
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Scrap Metal Market Conditions
We have reached the bottom of the Scrap Market | 2015
on May 7, 2015in Markettags: aluminum, brass, copper, ferrous, market, metal, non-ferrous, prices, recycle, redwood, salt, scrap, steel, utahwith No Comments
Scrap Metal Prices see small rebound in April | 2015
on April 9, 2015in Markettags: aluminum, brass, copper, ferrous, market, metal, non-ferrous, price, prices, recycle, recycling, redwood, scrap, steel, utahwith No Comments
Ferrous: The first quarter of 2015 saw ferrous scrap prices hit 6 year lows matching those seen during the financial crisis in ’08-‘09. Many of the troubling conditions hindering the ferrous markets as well as finished steel markets are continuing to linger into April. We feel these conditions will likely continue though the first half […]
Read More →Scrap Steel Prices near bottom. Better news on the horizon | 2015
on March 11, 2015in Markettags: aluminum, brass, copper, ferrous, market, metal, non-ferrous, price, prices, recycle, recycling, redwood, scrap, steel, utahwith No Comments
FERROUS: Many of the concerns discussed in last month’s market report are spilling into March as well. This includes the dollar’s strength which is causing minimal scrap exports to leave this county while cheaper iron ore and semi-finished products are rushing into the United States. These lower cost scrap substitutes are putting downward price pressures […]
Read More →Largest drop in scrap steel pricing since 2008 | February 2015
on February 9, 2015in Markettags: aluminum, brass, copper, ferrous, market, metal, non-ferrous, price, prices, recycle, recycling, redwood, salt, scrap, steel, utahwith 2 Comments
Ferrous: February is the month we celebrate valentine’s day and acknowledge the ones we love….Well, no one told the U.S. Steel Mills about this tradition because scrap suppliers are being shunned instead of feeling their love. February 2015 has experienced the largest drop in scrap steel pricing since 2008. Our local market is down $80/Ton […]
Read More →January scrap prices stay volatile | January 2015
on January 9, 2015in Markettags: aluminum, brass, copper, ferrous, market, metal, non-ferrous, price, prices, recycle, recycling, redwood, scrapwith No Comments
Ferrous: The beginning of the new year brought hopeful anticipation for a little boost in scrap steel prices but our hopes were squashed early in January as mills quickly took the upper hand and left prices unchanged from December levels. Historically, the first quarter brings a sense of price optimism in anticipation of increased demand […]
Read More →Yet another decrease in scrap steel pricing| December 2014
on December 15, 2014in Markettags: aluminum, brass, copper, ferrous, market, metal, non-ferrous, price, prices, recycle, recycling, redwood, scrap, steel, utahwith No Comments
Ferrous: Scrap steel prices are going sideways in December – unchanged from last month’s levels as we close out 2014. Market sentiment was negative in early November which left many anticipating yet another decrease in scrap pricing. This quickly changed as snowstorms ripped through the East and Midwest markets severely impacting their scrap flows. There […]
Read More →Stainless steel prices seem to hit bottom | November 2014
on November 8, 2014in Markettags: copper, ferrous, lake, metal, non-ferrous, price, prices, recycle, recycling, redwood, salt, scrap, steel, utahwith No Comments
Ferrous: Another colossal drop in steel pricing for November as mills announced Friday that prices would be down $ 30-40 Ton across the country. This comes as a surprise for most suppliers as we were expecting a $15-20 drop due to the steep $25 Ton drop already experienced in October. Why is the market so […]
Read More →Ferrous & Non-Ferrous Market Report | October
on October 16, 2014in Markettags: aluminum, brass, copper, ferrous, market, metal, non-ferrous, price, prices, recycle, recycling, redwood, salt, scrap, steel, utahwith No Comments
Ferrous: Scrap steel prices took a larger than anticipated hit this month plummeting $25 locally and down $20-$25 across the rest of the nation. Early speculations pegged the market to fall $10-15 but these estimations were short lived as market sentiment turned more negative as October approached. With several mill outages scheduled in the US […]
Read More →Ferrous & Non-Ferrous Market Report | July 2014
on July 15, 2014in Markettags: aluminum, brass, copper, market, metal, metals, non-ferrous, price, prices, recycle, recycling, redwood, salt, salt lake, scrap, utahwith No Comments
Ferrous: Ferrous prices are sideways for most of the country this month with the only exception being a few West Coast export yards and Chicago/Detroit markets where scrap volumes are thinner. South Korean mills returned to the market early last week and raised prices by $5-8 in order to secure 3 bulk barges of scrap […]
Read More →Ferrous & Non-Ferrous Market Report | June 2014
on June 11, 2014in Markettags: aluminum, blog, brass, copper, market, metal, price, prices, recycle, recycling, redwood, scrap, steel, ut, utahwith No Comments
FERROUS: The steel scrap market is down $10-$15/Ton this month as we move into the summer months. Softer markets are generally expected this time of year as the weather warms up and available scrap tonnage increases scrap flows to steel consumers. Mills often schedule maintenance downtimes during the summer months too disrupting the relationship between scrap […]
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