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The change in scrap metal prices in the United States
2025-03-06, Scrap metal prices
Based on data provided by scraprice.com, this article reviews scrap metal price trends across various regions in the United States and the percentage changes recorded from December 2024 through February–March 2025. The data indicates that prices have steadily increased in most locations. These trends can be attributed to regional supply and demand fluctuations, transportation costs, and other market factors. Prices are listed in euros per ton (EUR/T).
Regional Analysis
Read moreScrap metal prices are different. Which scrap metal price is higher?
2024-03-25, Scrap metal prices
The price of steel scrap, like that of non-ferrous metal scrap, is often not stable and changes frequently. The price of scrap metal mostly depends on the demand for this raw material in the market. The higher the demand for metal in the market, the higher the price of this raw material on metal exchanges. When the price of metal increases in the metal exchanges, the purchase prices of scrap metal also increase.
Scrap metal prices are different in different countries. Information can be found on the Internet that the highest price of scrap metal is in Turkey and has been between 300 - 400 euros per ton for several years.
The price of heavy metal scrap is higher, while the price of thin and light metal scrap is lower. This is due to the higher transportation cost of light metal scrap. For example, car brake discs have a lot of weight and a small volume, so scrap car brake discs always have a high price.
The highest price of scrap metal remains in Turkey
2024-03-05, Scrap metal prices
At the beginning of 2024, it is possible to review the price of scrap metal in 2023. From the presented graph, we can see that last year the price of scrap metal remained around $380 per ton for a longer period of time. However, comparing the price of scrap metal at the beginning of the year and at the end of the year, it could be said that the price did not change much and remained on average at the level of $400-420 per ton. Evaluating the price of scrap metal by country, we can say that the highest price of scrap metal was in Turkey.
In the period of the first two months of 2024, the price of scrap metal also had no significant changes and averaged around $410 per ton. The price of scrap metal fluctuates depending on various factors such as demand, supply, market conditions, and the global economy.
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