US domestic scrap prices in the Northeast for October settled higher versus September settles on solid demand for US export scrap, fueled by a quick settlement to the recent dockworker strike at US ports, and low reported inventories. Settled prices are below:
Northeast |
October |
September |
Change |
Delivered to customer |
|||
HMS I |
$343-368/mt |
$295-320/mt |
Up $49/mt from September |
$338-363/gt |
$290-315/gt |
Up $48/gt from September |
|
Shredded |
$401/mt |
$376/mt |
Up $25/mt from September |
$395/gt |
$370/gt |
Up $25/gt from September |
|
P&S |
$345-365/mt |
$325-345/mt |
Up $20/mt from September |
$340-360/gt |
$320-340/gt |
Up $20/gt from September |
|
Busheling (Pittsburgh) |
$376-411/mt |
$356-391/mt |
Up $20/mt from September |
$370-405/gt |
$350-385/gt |
Up $20/gt from September |