US Scrap Trends Outlook April 2026: Prices Show Mild Downward Pressure

Post Views: 104 Ivanhoe Mines US Scrap Trends Outlook April 2026 Signals Modest Price Decline The US Scrap Trends Outlook April 2026 points to a modest softening in ferrous scrap prices. The Trend Indicator recorded 46.9, below the neutral 50 threshold, suggesting a 3.1% month-on-month decline. This follows a flat trend in March, signaling a slightly bearish start to spring. Market participants show diverging opinions on future pricing. Consensus fell to a record-low 47.0, indicating minimal agreement among respondents. Buyers expressed caution with a Trend Indicator reading of 40.7, while bro...