New Report Preview:
According to just-published data from American Metal Market (AMM), March prime scrap jumped $43 (or 11.3%) to $423/ton and obsolete scrap… more
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Posts Tagged: ‘ferrous scrap’
March Scrap Prices Set to Jump
New Report Preview:
We expect to see March scrap prices settle in the up $30-40/ton range, which would put prime and obsolete scrap at the highest levels since… more
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February Scrap Prices Weaken; Continuing to Diverge with Iron Ore Strength
New Report Preview:
Despite iron ore prices hitting multi-year highs, just-settled February scrap prices declined $10/ton for prime and $9/ton for obsolete, according to data from AMM…more
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Schnitzer (SCHN) – Scrap Market Bottoming; Consolidation Will Continue – Thoughts from the AugQ Conference Call
New Report Preview:
Schnitzer Steel Industries (SCHN) reported an AugQ loss of ($0.02), which adjusted to a $0.10/share profit excluding restructuring charges, ahead of company guidance of… more
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September Scrap Prices Fall More-than-Expected
New Report Preview:
Reacting to a global steel deep freeze and plunging iron ore costs, just-released Midwest scrap prices – the benchmarks that drive domestic steel – posted… more
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