News & Announcements
Market Overview – Mid August 2021
Steel prices for all major product lines continue to increase with multiple price increases issued over the last several months. At a minimum, mill prices have increased since early Jun ’21 by $375/ton for tube, $320/ton for coil, $240/ton for plate, $160/ton for merchant bars, $110/ton for beam and $80/ton for rebar.
Market Overview – Early June 2021
Steel prices for all major product lines continue to increase with multiple price increases in Apr and May ‘21. Sheet, tube and plate have logged the largest gains over the last several months with cumulative price increases ranging between $890 and $1,175/ton.
Market Overview – Late April 2021
The AMM shredded scrap index for Chicago decreased to $430/GT, down $20/GT, from $450/GT achieved in early Mar ’21. The index is up $195/GT since late Aug ’20. Scrap prices have firmed and recently. Some market participants are expecting a modest price increase in the next 30 days
Market Overview – Early March 2021
Steel prices for all major product lines continue to increase in the past several weeks. Sheet, tube and plate have logged the largest gains over the last several months with cumulative price increases ranging between $630 and $825/ton.
Market Overview – Late December 2020
Steel prices for all major product lines have increased dramatically in Dec ’20 with nearly all mills announcing two distinct price increase for the month. Sheet, tube and plate have logged the largest gains over the last several months with cumulative price increases ranging between $450 and $525/ton.
Market Overview – Early December 2020
Steel prices for all major product lines have increased significantly in Nov ’20 and early Dec ’20. Sheet, tube and plate have logged the largest gains over the last several months with cumulative price increases ranging between $350 and $425/ton.
Market Overview – Late-November 2020
The AMM shredded auto scrap index for Chicago increased to $290/GT, up $10/GT, from $280/GT achieved in early Sep ’20.
Market Overview – Mid-September 2020
The AMM shredded auto scrap index for Chicago increased to $280/GT, up $45/GT, from $235/GT achieved in early May ’20
Market Overview – Late June 2020
The AMM Shredded Auto Scrap Index for Chicago increased to $255/GT up $28/GT from early May ’20.
Market Overview – Early May 2020
The AMM Shredded Auto Scrap Index for Chicago decreased to $227/GT down $50/GT from early Apr ’20.
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