US Manufacturing reports its 12th consecutive month of contraction, a stark contrast to the pandemic’s record 28-month growth streak. The PMI index fell to 46.7 in October, down from 49 in September, raising concerns for the future. Discover the potential impact on the scrap metal market, where manufacturing and fabrication sectors play a pivotal role. A rebound in manufacturing is eagerly awaited. Join us at MX 2023 next week for insights and discussions on the industry’s path forward. #Manufacturing #ScrapMetalMarket #IndustryInsights

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

