Recycled Steel Prices Rise Amid Winter Weather Disruptions in the U.S.

Post Views: 255 Steel Recycling Recycled steel prices in the United States saw a significant jump in January. Increases of $20 per ton or more were observed in several regional markets. Stronger bids from domestic mills drove the price surge. Mills focused on rebuilding inventories and faced weather-related disruptions in scrap collection and transportation.   Regional Price Variations and Market Dynamics Price increases were seen across various benchmark grades. These included No. 1 heavy melting steel (HMS), shredded steel, and No. 1 busheling. Regions like Chicago, Cleveland, and Birmi...