All posts tagged: Steel

Markets & Metals May 2020 Coronavirus Edition

As previously discussed in the last Market & Metals post, we discussed the unknown impacts of the global pandemic and the difficulty forecasting into a wildly uncertain economic horizon.   The roughly 20 drop that we observed at the beginning of the Pandemic in the U.S. has held relatively steady into May.   Average scrap values fell

Scrap Metal Market Mid-March 2020 Update: China & Steel Overproduction

In the last Market & Metals post, it was reported that after two consecutive months of increase, scrap steel marginally dropped by 2.4 percent in price on a national level. This figure is largely insignificant now because at the time, the economic effects of the global pandemic that is the coronavirus had not yet fully

Scrap Metal Market February 2020: Scrap Price Recovery Update

February showing promise in 2020 For the first time in eight months, scrap steel prices increased nationally in January by 0.74 percent. This month, the national price of scrap steel is now a little over $144, a more than eight dollar increase staying on par with industry experts’ prediction that scrap prices will slowly recover