No. 1 busheling
RMDAS tracking shows $40 ferrous price drops in May
Mills in the United States have been able to buy recycled steel for up to $50 per ton less in May compared with April.
More in No. 1 busheling
Winter supply hiccups create February price boost
After shredded scrap ended 2024 at less than $375 per ton on average, as of the second week of February, Davis Index had U.S. mills paying $406 on average.
RMDAS figures show February surge in recycled steel’s value
Prompt scrap grades have gained the most value in the first six weeks of 2025, according to MSA Inc.’s RMDAS price tracking data.
A glimmer of hope in the new year
Recycled steel sellers finally were able to get more per ton in the January buying period compared with the prior month.
Demand headwinds blow
The North American ferrous market felt pressure in 2024 that is likely to continue in the new year.
Average monthly pricing
Average monthly metals prices courtesy of Davis Index.
A time of transition
Examining Canada’s move toward EAF-based steelmaking and what it means for scrap flows.
Nowhere to go but up
Data pointed to a slow ferrous scrap market in July and August, with only rare glimpses of a pricing rebound.
Laying a family foundation
Comal Iron & Metals has leaned on three generations of family leadership and dedicated customer service to make its mark in New Braunfels, Texas, over 55 years.
Bottom-line need for rebound gains visibility
Market conditions in the first half of this year seem to have exposed metals recyclers to a stretch of too many consecutive months without the type of breathing room that results from rising prices monthly.
Questionable market fundamentals
Mills did not get the trap door-style price plunge they’d reportedly requested in January, with prices for commonly traded grades trending sideways or dropping slightly.
