The change in scrap metal prices in the United States
2025-03-06
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
- Illinois, Chicago Heights
Prices increased from 142.00 EUR/T (December 30, 2024) to 175.00 EUR/T (March 1, 2025), representing approximately a 23% rise. - Wisconsin, Eau Claire
Prices grew from 165.00 EUR/T (January 24, 2025) to 193.00 EUR/T (February 24, 2025), marking about a 17% increase. - Kansas, Independence
Although prices remained steady at 151.00 EUR/T on December 24, 2024, and January 24, 2025, they reached 193.00 EUR/T on February 24, 2025—a roughly 28% increase. - Indiana, Bloomington
- Prices jumped from 142.00 EUR/T (December 22, 2024) to 179.00 EUR/T (February 22, 2025), reflecting a 26% increase.
- New York, Buffalo
Prices rose from 179.00 EUR/T (recorded on December 22, 2024, and January 22, 2025) to 208.00 EUR/T (February 22, 2025), an increase of about 16%. - Michigan, Detroit
Prices experienced a slight increase from 179.00 EUR/T (December 22, 2024, and January 22, 2025) to 189.00 EUR/T (February 21, 2025), equivalent to a 5.6% rise. - Brooklyn, NY
Data shows stable pricing, with the price consistently at 75.00 EUR/T across all measurements—resulting in a 0% change. - Chase, Michigan
Prices climbed from 189.00 EUR/T (December 18, 2024) to 226.00 EUR/T (February 18, 2025), reflecting an approximate 19.6% increase. - Minnesota, Inver Grove Heights
The most significant growth was observed here, with prices rising from 156.00 EUR/T (December 12, 2024) to 203.00 EUR/T (February 12, 2025), marking about a 30% increase.
Conclusions
While scrap metal prices are rising in nearly all U.S. regions, the percentage increase varies significantly—from a modest 5.6% in Detroit to an impressive 30% in Inver Grove Heights. These differences reflect regional market variations and provide valuable insights for investors and recycling companies looking to determine an optimal trading strategy