US scrap prices have wobbled slightly this month from January settled levels, with prices holding at sideways to down $30/gt depending on the region and the grade. As previously predicted, prime grade scrap once again endured the most downward price pressure.
This month’s settled numbers are listed in the charts below.
| Ohio Valley | February | January | Change |
| Delivered to customer | |||
| HMS I | $396/mt | $396-$406/mt | sideways to down $10/mt |
| $390/gt | $390-$400/gt | sideways to down $10/gt | |
| Shredded | $467-$472/mt | $467-$472/mt | sideways |
| $460-$465/gt | $460-$465/gt | sideways | |
| P&S | $447-$452/mt | $452-$467/mt | down $5-$15/mt |
| $440-$445/gt | $445-$460/gt | down $5-$15/gt | |
| Busheling | $483/mt | $483-$493/mt | sideways to down $10/mt |
| $475/gt | $475-$485/gt | sideways to down $10/gt |
| Northeast | February | January | Change |
| Delivered to customer | |||
| HMS I | $356/gt | $356-$366/mt | sideways to down $10/mt |
| $350/gt | $350-$360/gt | sideways to down $10/gt | |
| Shredded | $447/mt | $447/mt | sideways |
| $440/gt | $440/gt | sideways | |
| P&S | $397/mt | $397/mt | sideways |
| $390/gt | $390/gt | sideways | |
| Busheling (Pitsburgh) | $437/mt | $467/mt (local) - $493/mt (remote) | down $30/mt |
| $430/gt | $460/gt (local) - $485/gt (remote) | down $30/gt |