Product
February 1, 2013
Ferrous Scrap Exports – January through November 2012
Written by John Packard

Product
February 1, 2013
Written by John Packard

What impact could the war in Iran have on the steel raw materials supply chain and prices?
Sheet and plate prices were flat or modestly higher this week, continuing a trend we’ve seen since the beginning of Q4. The big question: How much longer can the trend hold?
Winter is over now and the scrap landscape is looking a bit less challenging.
Nucor has increased its consumer spot price (CSP) for hot-rolled (HR) coil to $1,035 per short ton (st), a $10/st bump from last week.
Prices for iron ore, aluminum, pig iron, and shredded scrap have all risen in the last 30 days. Busheling scrap held steady, while zinc and coking coal declined.