March scrap steel price drops amid coronavirus market scares After two consecutive months of increased national scrap steel prices, the market has now dropped off slightly due to widespread global panic over the coronavirus. In March, the national price of scrap steel is now exactly $141, a decrease of 2.35 percent, or less than four
February showing promise in 2020 For the first time in eight months, scrap steel prices increased nationally in January by 0.74 percent. This month, the national price of scrap steel is now a little over $144, a more than eight dollar increase staying on par with industry experts’ prediction that scrap prices will slowly recover
An optimistic view on scrap steel prices Scrap metal industry experts do not expect the decline in scrap steel prices that widely characterized 2019 to reoccur in 2020. While domestic recyclers should not anticipate rates to quickly return to the $192 per gross ton national average of January 2019, they should likely see a modest
