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    June 29, 2021

    Another Increase for Ferrous Scrap in July?

    Written by Tim Triplett

    Ferrous scrap prices are likely to rise again in July on top of the $50-60 per gross ton increase in June – but just how much remains unclear, according to Steel Market Update sources.

    “July expectations vary greatly,” said one dealer in the Northeast. “Most consumers are conceding prices will be up $20-50/GT depending on grade and region, while some are saying sideways to up $20 based on a stalled export market.”

    Tim Triplett

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