US Northeast March scrap prices settle down across the board

Monday, 11 March 2024 01:33:53 (GMT+3)   |   San Diego
       

Sources close to SteelOrbis have confirmed that scrap prices in the US Northeast have settled down across the board. Similar to the Ohio Valley, HMS and P&S scrap settled down by $40/gt, shredded settled down by $50/gt, and primes settled down by $60/gt.

This month’s Northeast settled ranges are listed in the chart below.

Northeast March February  Change
Delivered to customer
HMS I $315/mt $356/gt down $41/mt
$310/gt $350/gt down $40/gt
Shredded  $396/mt $447/mt down $51/mt
$390/gt  $440/gt down $50/gt
P&S  $345/mt $396/mt down $41/mt
$340/gt $390/gt down $40/gt
Busheling  (Pitsburgh) $376/mt $437/mt down $61/mt
$370/gt $430/gt down $60/gt

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