Research

Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

Change font size:   

September 2018 | Steel Raw Materials


US scrap prices drop for a second consecutive month: Latest Analysis


US scrap prices could face further pressure as a consequence of the hurricane approaching the Carolina area on the US East Coast.

US SCRAP PRICES DROP FOR A SECOND CONSECUTIVE MONTH September saw domestic scrap prices settle down by $20-30 per long ton month on month, despite rising capacity utilization rates at steel mills. Although crude steel output in the United States did rise in the year-to-date, arguably due to trade measures, sales of finished steel products kept outperforming steel production this year, indicating a still-high interest in re-rolling as opposed to melting. Scrap...

ACCESS RESTRICTED

You must be a paid subscriber to view the full content.
Content over 60 days old can only be accessed by subscribers.
Call +44(0)20 7779 8000 with your credit card details or subscribe online.


SUBSCRIBE


Receive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts. Plus download the latest issue as soon as it’s published.

Subscribe


Already subscribed?