A stable condition

Article Abstract:

Ferrous scrap industry observers are optimistic that 2000 will be a better year compared to 1999 when prices fluctuated heavily from month to month. A number of industry players are predicting some price fluctuations in the summer of 2000 but not to the same extent as in 1999. A strong domestic demand for ferrous scrap in the US, in addition to stable export/import levels, is expected to bring stability to ferrous scrap prices for the rest of 2000.

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Unpredictable behavior: the story of copper and brass

Article Abstract:

The price of No 2 copper scrap rose by 20% between Jun and Dec 1999, reaching 65 cents per pound. However, its price has deteriorated significantly from record levels during the mid-1990s. At the same time, brass is also facing a similar situation. On the other hand, demand for both commodities remains excellent on the day-to-day scrap market. The supply of copper scrap is expected to normalize once the price goes to 85 cents per pound.

Nonferrous Scrap, Nonferrous metals, Scrap dealers

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Charting sea changes in ferrous scrap prices

Article Abstract:

The prices of ferrous scrap is generally determined by the level of industrial production in the US and abroad and is influenced mainly by the automotive and aircraft markets as well as the construction market. The last several years have been especially strong for scrap consumption while steel mills are expected to remain busy at least through the first half of 1998, according to director of commodities Bob Garno of the Institute for Scrap Recycling Industries Inc. in Washington, DC. Overall, the challenge of providing more steel in the recycling stream remains the same. Transportation costs in rural areas is cited as one major obstacle for the entry of some scrap items in the scrap flow stream.

Comment:

Prices of ferrous scrap is generally determined by the level of industrial production in the US and abroad

Article

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