U.S. Non-Ferrous Scrap Metal Price Outlook for 2012, 2013

by Taras Berezowsky on June 14, 2012 Most all steel market watchers, buyers, sellers and traders have seen and heard about the US ferrous scrap price free-falls over the past week or two — price falls of between $60 and $70 per long ton, depending on the particular scrap metal product, according to Platts. So

Steel Prices Fall Dramatically

NEW YORK Shares of steel companies fell Monday on investor concerns that industry conditions will worsen as steel prices fall and demand for the metal slows in a weakening economy. Demand for steel, a building block of industries from construction and manufacturing to energy, tracks conditions in the broader economy. With many countries in Europe