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Ferrous Scrap Survey Results
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Latest news
Plate sources eye imports, cite domestic supply concerns
Plate sources say they’re welcoming imports as domestic mill delivery delays, extended lead times, and climbing prices make fully adopting US-produced plate products unrealistic.
AMU: Pace closes Harrison die casting plant, removing source of casting capacity and scrap
Pace Industries plans to close its die casting facility in Arkansas., eliminating about 178 jobs and removing a sizable aluminum and zinc casting operation from the regional supply chain.
Oil and gas drilling slows in Canada, ticks higher in US
Oil and gas drilling continued to slow in Canada but remained steady in the US this past week.
Price gap between US CR, most imports narrows
Cold-rolled (CR) coil prices ticked up in the US this week, matching a similar trend seen in most offshore markets as well.
Ferrous scrap market chatter this month
Market participant comments from this month’s SMU Ferrous Scrap Survey.
Oregon Steel and SSAB aim to push plate prices higher
Oregon Steel Mills and SSAB Americas announced higher plate prices to close out the week.
SMU Scrap Survey: Current Sentiment ticks up, Future Sentiment flat
SMU’s Current Sentiment Index for scrap inched up in March, according to the latest data from our ferrous scrap survey. Meanwhile, the Future Sentiment Index remained locked at the same level for the fourth consecutive month.
Mexico suspends import activity for 350 steel companies, begins bilateral USMCA talks with US
Mexico’s Secretary of Economy is conducting ‘Operation Clean-Up,” inspecting suspicious steel companies to verify compliance with rules of origin.









