Posts Tagged ‘scrap prices’
Coronovirus Update
We are currently open and taking appointments for Non-Ferrous scrap. While the supply for scrap remains low, the price being paid for scrap has not been able to strengthen. We are all in a wait and see mode as the all-important date of May 1st gets closer. That date seems to be…
Read MoreHo-Hum November for Scrap Prices
Scrap dealers got a little good news as the negative price trend for scrap prices ended as November brought a $20 per ton increase for most steel prices. This increase came at a much needed time as many in the scrap industry were questioning if and when the bearish sentiment would change. While this small…
Read MoreSame Old, Same old
As we approach November, any hopes for a big change in market sentiment appears to be out of the question. On the global stage, markets are weak and at home, the continued trade war with China does not appear to have any end in sight. Add a glut of scrap inventory and mill shutdowns, the…
Read MoreScrap Metal Market Continues to Show Weakness
With no real catalyst to drive prices higher, the scrap metal market continues it downward spiral with no clear end in sight. Inventories remain high, uncertainty with regard to the US-China trade war remains and global slowness persists. While there appears to be some movement with regard to trade talks between the US and China,…
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