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Ferrous Scrap Survey Results
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Latest news
Final Thoughts: SMU’s June scrap survey
We provide a sneak peek at this month’s SMU Scrap Survey, with insights on tariffs, pricing, and demand.
The gap between US HR prices, imports keeps narrowing
The price gap between US hot-rolled coil (HR) and landed offshore product continues to narrow toward parity.
Steel market chatter this week
Steel market chatter this week: Buyers predict prices to continue rising from here, report steady to improving demand, and most see tariffs as unhelpful.
Scrap market trading sideways for June
The US domestic ferrous scrap market started to form on Thursday.
CSPA: One-year of US tariff increases mark ‘unfortunate milestone’
Catherine Cobden, President and CEO of the Canadian Steel Producers Association (CSPA) called the past year’s 50% tariff imposed on Canada’s steel exports to the US ‘severe and unsustainable.’
Beige Book shows broad industrial growth
Manufacturing picked up in nine of the twelve Federal Reserve districts in May. It was one of the strongest sectors in the Fed’s June 3 Beige Book report.
Algoma seeks higher tags on coil, plate products
Algoma Steel announced on Thursday a price increase for coil and plate products, effective immediately.
Plate market says, ‘the heat is on,’ as prices and demand soar
Participants in the plate market doubt prices, lead times, and demand forces will cool down any time soon.









