SMU scrap tags for shredded, HMS flat while busheling ticks up

SMU’s September scrap prices for shredded and HMS came in sideways, with busheling tags increasing slightly.

“The September ferrous market pretty much wrapped up a reasonably unexciting trade on Friday with nearly all grades in all regions trading sideways from August price levels,” one source told SMU.

Ethan Bernard

Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.

Ethan Bernard

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