The Sahd Metal Crew was a little late on our Steel Update but here it is! Fast Market shows January pretty much flat across the board. On January 3rd, Cleveland Cliffs announced a $50 per ton increase on HRC raising the price to $1,150 per ton! Stay tuned to the Sahd Metal Crew for more steel updates and thoughts on what February might look like!!
Volatility is the one given for copper pricing in 2025!
Copper scrap prices took a wild ride in 2024, what is the outlook for 2025? All we can be sure of is that volatility will