Steel prices, which had been on an upward trajectory since the COVID-19 pandemic, started softening late in the third quarter of 2021 as steel supply increased and lead times shortened. Ferrous scrap ...

Benchmark recycled steel grades in November have remained within $3 per ton of their October price, according to the tracking ...

Steel companies have been squeezed by an almost 100 percent increase in ferrous scrap prices during the past 12 months, and their bottom lines are showing the pressure. The Chicago composite price for ...

The Institute for Scrap Recycling Industries said nationwide, about 78 yards have closed in the past year, including some that had multiple yards owned by one company. The industry group said that ...

Stabilized pricing on a broad range of structural steel products points to a much less frenzied market in the months ahead after a first-half marked by soaring prices and tight supply. The sharp price ...

The price of scrap steel in the United States last week declined to about $270 per ton. That is down from a peak of more than $300 a ton on the spot market last month, according to industry officials.

• Scrap metal: About $60 per ton is what some local scrap yards pay the public for the steel found in items such as stoves and refrigerators, down from about $250 a ton 90 days ago. A scrap yard may ...