Ferrous prices for scrap metal recycling material were sideways during domestic trading last week. Regional markets settled relatively quickly with May prices holding to April levels.
Traders seemed content with the overall consistency and stability in the current market. The sideways trades were the first in several months, following a strong close to 2016 when scrap ferrous prices reached two-year highs before seesawing the past several months.
We will continue to keep you updated on market conditions though our website news section, so check back often. Metro Alloys has successfully served its clients for more than 30 years in all market conditions and we encourage you to contact your sales representative, Marvin Fish, Gary Kamp or Abby Frank with any questions.