News & Announcements
Market Overview – Early February 2025
Steel Market Overview – Early February 2025 TARIFF On Feb 1st, the Trump Administration announced extraordinary new tariffs on Mexico, Canada and China. The tariffs amounted to 25% on all imports from Mexico and Canada and 10% on Chinese imports. The tariffs were set to take effect Tuesday Feb 4th. On Mon Feb 3rd, the 25% […]
Market Overview – Early January 2025
Steel Market Overview – Early January 2025 SCRAP The AMM shredded scrap index for Chicago was down $13/GT in mid Dec ’24 settling just under $368/GT. The index is down $104/GT from the ‘24 high achieved in Jan ’24. Scrap prices consistently eroded throughout ‘24 based on softening export and domestic demand and generally available […]
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