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Scrap Metal Market Update
The case for the 🐃: - Pig iron is up $555 to $562.50 / MT (+1.3%) - Crude steel production is up 75.4% to 76.3% MoM The case for the 🐻:...
chad ellerbrock
May 2, 20231 min read


Scrap Metal Market Update
The case for the 🐃: - Pig iron is up $535 to $555 / MT. (+3.7%) - HRC futures are up $1,064 to $1,156 / ton. (+8.6%) - HRC lead times...
chad ellerbrock
Apr 2, 20231 min read


Scrap Metal Market Update
The case for the 🐃: - Iron ore is up $122.70 to $125.75 / ton. (+3.1%) - Pig iron is up $506 to $535 / MT. (+5.7%) - HRC futures are up...
chad ellerbrock
Feb 28, 20231 min read


Scrap Metal Market Update
The case for the 🐃: - Iron ore is up $110.64 to $122.70 / ton. (+10.9%) - Copper is up $3.83 to $4.11 / pound. (+7.3%) - HRC futures are...
chad ellerbrock
Feb 2, 20231 min read
Improve Your Scrap Metal Buying Process
It's important to have a consistent and reliable supply of high-quality scrap metal to ensure the efficiency and effectiveness of your opera
chad ellerbrock
Jan 20, 20231 min read


Scrap Metal Market Update
The case for the 🐃: - Iron Ore is up $103.10 to $110.64 / ton. (+7.3%) - China Steel Rebar is up 3,673 to 4,001 / ton. (+8.9%) - HRC up...
chad ellerbrock
Dec 28, 20221 min read


Scrap Metal Market Update
The case for the 🐃: - Dow Jones is up from 32,861 to 34,590 month over month (+5.3%) - Crude Oil is up $87.45 to $81.43 (-6.9%) - Iron...
chad ellerbrock
Dec 1, 20221 min read


Scrap Metal Market Update
The case for the 🐃: - Dow Jones up from 28,725 to 32,861 (+12.5%) - Crude Oil WTI up from $87.55 from $79.67 (+9%) - Pig Iron up from...
chad ellerbrock
Nov 1, 20221 min read


Scrap Metal Market Update
The case for the 🐃: - Pig Iron is up $497 - $519 MoM (+4%) The case for the 🐻: - Iron ore is down $104.76 to $98.31 (-8.5%). - Turkey...
chad ellerbrock
Oct 3, 20221 min read


Scrap Metal Market Update
The case for the 🐃: - Turkey 80:20 HMS is up $44 / MT. $352 to $396 (+12.5%). The case for the 🐻: - Iron ore is down $114.45 to $104.76...
chad ellerbrock
Sep 1, 20221 min read


Scrap Metal Market Update
The case for the 🐃: - One could argue bottom formation in the overall market and copper The case for the 🐻: - Iron ore down $18.53 /...
chad ellerbrock
Aug 1, 20221 min read


Scrap Metal Market Update
The case for the 🐃: - Still looking... The case for the 🐻: - Pig iron down $213 / MT. $858 to 645 (-25%). - Iron ore down $18.53 / MT....
chad ellerbrock
Jul 1, 20221 min read


Scrap Metal Market Update
The case for the 🐃: - Imports March to April down 11.7% - Crude Steel Production flat MoM. The case for the 🐻: - Pig iron down $87 /...
chad ellerbrock
May 31, 20221 min read


Scrap Metal Market Update
The ferrous scrap metal market is a unique one truly driven by supply and demand. Learn about what the key indicators are doing month...
chad ellerbrock
May 3, 20221 min read


Scrap Metal Market Update
The ferrous scrap metal market is a unique one truly driven by supply and demand. Learn about what the key indicators are doing month...
chad ellerbrock
Mar 31, 20221 min read
Scrap Metal Market Update
The ferrous scrap metal market is a unique one truly driven by supply and demand. Learn about what the key indicators are doing month...
chad ellerbrock
Feb 28, 20221 min read
Scrap Metal Market Update
The ferrous scrap metal market is a unique one truly driven by supply and demand. Learn about what the key indicators are doing month...
chad ellerbrock
Feb 1, 20221 min read
Scrap Metal Market Update
The ferrous scrap metal market is a unique market truly driven by supply and demand. Learn about what the key indicators are doing in...
chad ellerbrock
Jan 4, 20221 min read
Scrap Metal Market Update
The ferrous scrap metal market is a unique market truly driven by supply and demand. Learn about what the key indicators are doing in...
chad ellerbrock
Nov 29, 20211 min read
Scrap Metal Market Update - October 2021
The ferrous scrap metal market is a unique market truly driven by supply and demand. Learn about what the key indicators are doing in...
chad ellerbrock
Oct 26, 20211 min read
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