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Listen: US steel scrap, sheet markets eye possible near-term price bumps

The US steel scrap market is getting ready to enter its June buy week after months of stable -- but low -- prices, and the sheet market has seen a round of price increases after a months-long steady decline. Nicholas Tolomeo, managing editor for steel scrap, and Michael Fitzgerald, associate editor for metals, explain how and why prices for scrap, hot-rolled coil and cold-rolled coil have shifted recently, as well as what sort of events this summer could cause big changes in the markets, including imports, exports and labor negotiations.


This is the latest in a series of podcasts aimed at analyzing significant steel news and price movements around the globe. Check back regularly for the latest update.


We welcome any feedback or suggestions for topics. Contact us at webeditor@platts.com.