Feb 12, 2020 – U.S. ferrous scrap prices dropped $10-20/GT during February domestic trading with prime tags besting secondary tags in most markets. Alabama and Arkansas slid $30/GT.
Jan 30, 2020 – Stainless scrap turned lower this week reacting to affects the coronavirus may have on China’s economy. LME nickel prices were down nearly 7-1/2 percent for the week.
Jan 23, 2020 – Austenitic (300 series) stainless scrap prices ticked higher this week and Ferritic (400 series) prices held steady as a tight supply chain maintained its grip on prices.
Jan 13, 2020 – Domestic trading for ferrous scrap quickly settled last week with January prices rising $30/GT for primary and secondary tags from last month.
Dec 7, 2019 – Low demand, skittish nickel prices, lower scrap prices, even lean inventories at consuming mills haven’t helped to pull the struggling stainless market out of the doldrums.
Dec 7, 2019 – Aluminum’s looming problems could change for the worse when new rules governing the London Metal Exchange force the disclosure of “hidden” inventories.