US domestic scrap prices in the Northeast settled at a sideways trend in May compared to April. US Ohio Valley scrap prices are still settling and the buy-cycle is expected to conclude by the end of this week.
|
Northeast |
May |
April |
Change |
|
Delivered to customer |
|||
|
HMS I |
$315/mt |
$315/mt |
sideways |
|
$310/gt |
$310/gt |
sideways |
|
|
Shredded |
$396/mt |
$396/mt |
sideways |
|
$390/gt |
$390/gt |
sideways |
|
|
P&S |
$345/mt |
$345/mt |
sideways |
|
$340/gt |
$340/gt |
sideways |
|
|
Busheling (Pittsburgh) |
$376/mt |
$376/mt |
sideways |
|
$370/gt |
$370/gt |
sideways |