Domestic mills buy their ferrous scrap in late May and June for up to $40 less per ton compared with the prior month. In the most recent 30-day RMDAS period, the No. 2 shredded scrap price fell by $19 ...
Purchasing data indicates mills in the South have paid $10 to $20 per ton more for ferrous scrap in recent weeks compared with other parts of the country. Cargoes of shredded and heavy melting steel ...