AL CONTINUAR CON LA NAVEGACIÓN, DA SU CONSENTIMIENTO AL USO DE COOKIES. ACCEDA A NUESTRA POLÍTICA DE PRIVACIDAD
X
Skip Navigation LinksHome|Methodology & Reference|Price Assessments| US Midwest Shredded Scrap: metals prices | Platts

The price of US Midwest Shredded Scrap Steel: Metals Price Assessments

What is the US Midwest shredded scrap price?

Platts US Midwest Shredded Scrap Price Assessment

Platts US Midwest Shredded Scrap steel reflects the spot market for shredded scrap sales in the US Midwest market.

The assessment specifies shredded scrap steel according to ISRI 211 classification or equivalent, specifying homogenous and magnetically separated iron and steel scrap originating from automobiles, unprepared No. 1 and No. 2 steel and miscellaneous baling and sheet scrap, with an average density of 70 lb/square foot.

Other grades of steel scrap can be normalized to ISRI211 where appropriate.

The assessments reflects shredded scrap transactions in the US Midwest market, including but not limited to major markets in Chicago, Detroit and St. Louis and region areas including Indiana, Iowa and Ohio.

The assessment process encompasses trade data from all of the United States and Canada and transactions from outside of the Midwest can be normalized where appropriate based on prevailing market fundamentals.

The assessment specifies 1,000 long ton spot buys on 30-day payment terms and 30-day delivery terms.

The US Midwest Shredded Scrap steel price is assessed in US dollars on a per long ton basis. The daily assessment timestamp is 3:30 p.m. Eastern Standard Time.

The Platts US Midwest Shredded Scrap price assessments are available in these services.

How Platts assesses shredded scrap

Ver menos   Platts: minus

We survey the North American market daily to capture scrap metal trades, bids and offers on a delivered Midwest basis.

Data is normalized to reflect the tradeable value of the commodity on a given day, for typical order quantities, commodity specifications and standard delivery and payment terms.

The survey is extensive and encompasses market participants along the supply chain, including but not limited to, mill buyers, scrap dealers, brokers, traders and exporters.

We also assess US East Coast and West Coast scrap on a daily basis.

Our heavy melting scrap No. 1 delivered US East Coast dock assessment reflects scrap prices being paid by export terminals for material.

The daily shredded scrap US East Coast FOB assessment reflects prices being paid in international markets.

US West Coast containerized Heavy Melting Steel (HMS) 80:20 is assessed on a FOB Port of Los Angeles basis to reflect containerized scrap transactions destined for the Asian steel market.

Platts began assessing US shredded scrap metal on February 7, 2005.

After the July 1, 2011 merger with Steel Business Briefing, the Platts assessment was merged with the existing similar Steel Business Briefing assessment Midwest shredded scrap assessment.


US Shredded Steel Scrap Price Assessment Methodology


NOTICIAS Y ANÁLISIS


November 22, 2016
November 23, 2016 -Analysis of key steel and scrap markets, focusing on scrap, hot-rolled coil, rebar and semi-finished products.
November 24, 2015
The possibility of China being accorded market economy status in 2016 has steel groups already sounding the alarm about shrinking output and lost jobs.

How do you access the US Shredded Steel Scrap Price?

US Shredded Steel Scrap price assessments can be accessed in the following Platts services:

Platts Steel Markets Daily

  • The leading source for iron ore prices, scrap metal prices, and iron ore news
  • Includes more than 80 price assessments published daily and weekly
  • Global coverage of news and markets, so you can make decisions with complete confidence

Market Data – Steel and Raw Materials Prices

  • Access the latest, most accurate market price data for steel and its raw materials, in addition to receiving our end-of-day assessments, corrections, third-party data, a rolling 45-day historical database
  • The most efficient and reliable way to receive our industry-standard benchmark price assessments data
  • Complete and custom historical steel and scrap price data sets are also available

Platts Metals Alert

  • Get a complete picture of the global metals market delivered in real time exchange closing prices and fundamental updates
  • Comprehensive coverage of all the major metals including steel, aluminum, ferroalloys, copper, and precious metal prices
  • Detailed market commentary and analysis covering industry developments and price discovery



Metals Industry Conferences, Forums and Events

Training & Events – Metals


See all Metals Events

Contact Us


Metals Editorial Team Sales and Customer Services


Copyright © 2016 S&P Global Platts, una división de S&P Global. Todos los derechos reservados.