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    February 24, 2025

    Buyers optimistic for strong scrap market in March

    Written by Brett Linton

    Buyers are optimistic for a strong scrap market in March, driven by limited scrap inflows from severe weather disruptions and increasing mill demand. Combine this with a strengthening steel market, and it sets the stage for rising scrap prices.

    According to last week’s survey, the majority of our respondents believe scrap prices will continue to climb into March, while a small portion expect a sideways market (Figure 1). Not a single buyer expected prices to decline.

    Brett Linton

    Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

    Read more from Brett Linton

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