Ferrous Scrap Prices Stable in August

Prices paid by North American steel mills for ferrous scrap are remaining stable throughout the summer of 2011, with August spot prices within a few dollars of July’s figures. (Click here to view the numbers for the month.) According to the Raw Material Data Aggregation Service (RMDAS) of Management Science Associates (MSA), Pittsburgh, spot buyers in early and mid-August paid within $10 per ton of what they paid in July for all grades across all regions

Originally posted here:
Ferrous Scrap Prices Stable in August