Steel Products
Chicago Area Scrap Settles Down $10 on Shred - Primes Move Sideways
Written by John Packard
August 7, 2013
Written by: John Packard
Chicago area scrap deals were lower on shred and basically sideways on #1 HMS and #1 Busheling according to SMU sources as of today.
#1 heavy melt was put at $351-$355 per gross ton.
Shredded Scrap was put at $366 per gross ton.
#1 Busheling was reported to be sideways at $410 per gross ton.
Pig Iron was noted to be $410 per metric ton NOLA (New Orleans).
John Packard
Read more from John PackardLatest in Steel Products
SMU Community Chat replay now available
The latest SMU Community Chat webinar reply is now available on our website to all members. After logging in at steelmarketupdate.com, visit the community tab and look under the “previous webinars” section of the dropdown menu. All past Community Chat webinars are also available under that selection. If you need help accessing the webinar replay, or if your company […]
SSAB announces $74M expansion in Alabama
The project will expand heat treat capacity at its Axis, Alabama plant
Service centers: Mill orders retreat in March
SMU’s Mill Order Index declined in March after repeated gains at the start of the year, according to our latest service center inventories data.
Nucor maintains plate prices
Nucor aims to keep plate prices flat with the opening of its June order book.
US rig count up, Canada declines
Oil and gas drilling activity was mixed this week, according to Baker Hughes. US rig counts expanded for a second straight week, while Canadian activity continued its seasonal slowdown of eight consecutive weeks.