Market Update

The news keeps rolling in this week. Chicago shredded scrap finalized last night at $380/ton, with no change from March […]

Lost in the chaos of the steel and aluminum tariff news from yesterday was the filing of anti-dumping petitions and

Late yesterday, President Trump signed a proclamation that officially increased the Section 232 steel and aluminum tariffs to 50% from

The dominating news in the rebar market as we enter June is the latest comments by Washington stating that imports

Scrap posted late last week, down $40/ton from April for its second consecutive monthly decline. The Chicago index finalized at

As April draws to a close, it is evident now that the rally that began in February has peaked or,

Yesterday afternoon, Chicago shredded scrap was finalized at $420/ton, down $40/ton from March. A decline was expected for the month,

Material selection is an essential step when completing any type of construction project. The materials should provide durability, structural integrity,

As the rebar market enters Q2 of 2025, some patterns are beginning to emerge. While other steel products continue to

After a longer negotiation this month, Chicago shredded scrap for March posted this afternoon at $460/ton, up $30/ton from February.