Steel Supply Chain Levels Out

Steel Supply Chain Decline “Have scrap steel prices finally found a floor?”1 The decline in steel prices is slowing as scrap markets look for signs of positive change. Late last month, the Commodity Trade Risk Management group published new prices for hot-rolled coil, which evened out at “$440/st, down from about $640/st last November”.2 CTRM

The Impact of Imports in the Steel Market

Throughout early 2015 there has been an explosion of steel imports into the U.S. This has been a trend that was driven in the aftermath of the recession by Asian producers such as China, Japan, and South Korea. In order to put this trend into perspective, according to the American Iron and Steel Institute: the

Market & Metals

Scrap Metal Prices – Market Watch

Latest scrap metal prices news. Scrap metal prices – above is our market watch graph from January 2012 to April 2015. Over last month, scrap metal prices for crushed auto bodies increased 2.89%. Over last year, scrap metal prices for crushed auto bodies declined 46.99%. Over two years ago, scrap metal prices for crushed auto

Oil Prices Impact Metal Recyclers

From: Oil Prices Impact Metal Recyclers By: Mike Breslin It’s about time U.S. businesses and consumers are getting a price break on something… oil and its cornucopia of derivatives. Most visible are gasoline pump prices falling in many areas in the $2 per gallon range (as of this writing). It’s all because worldwide crude oil

Market & Metals

Monthly Scrap Metal Market Watch: Crushed Auto Bodies

Scrap metal market watch graph from January 2011 to October 2014. Over last month, scrap metal prices for crushed auto bodies declined 2%. Over last year, scrap metal prices for crushed auto bodies declined  16%. Over two years ago, scrap metal prices for crushed auto bodies decreased 4%.