Exciting developments in the scrap steel market! In Philadelphia, cut grades soar by $30 a ton, while busheling sees an impressive $50 increase. Mills are announcing price hikes and reducing lead times for new products, propelling scrap values to heights not seen since March. As we gear up for 2024, this surge in momentum is fantastic news for the scrap steel industry. Seize the opportunity and bring in your scrap steel today! #ScrapSteel #MarketUpdate #SteelIndustry #2024Momentum

Steel Scrap Pricing Up for the Third Month in A Row!
The February 2026 Fastmarkets report is out for the Philadelphia market a bit earlier than usual and the news continues to be good for scrap

