Markets & Metals May 2020 Coronavirus Edition
As previously discussed in the last Market & Metals post, we discussed the unknown impacts of the global pandemic and the difficulty forecasting into a wildly uncertain economic horizon. The roughly 20 drop that we observed at the beginning of the Pandemic in the U.S. has held relatively steady into May. Average scrap values fell
Scrap Metal Market March 2020: Coronavirus Threatens U.S. Steel and Automakers’ Production
March scrap steel price drops amid coronavirus market scares After two consecutive months of increased national scrap steel prices, the market has now dropped off slightly due to widespread global panic over the coronavirus. In March, the national price of scrap steel is now exactly $141, a decrease of 2.35 percent, or less than four