The current atmosphere surrounding the ferrous scrap markets globally are pointing to flat or slightly down prices. There was a bit of a run up while scrap demand increased over the last several months brought on by positive economic news particularly coming out of the United States. The orders into foreign ports have been filled and subsequent orders are slowing down while the domestic orders continue flat. This being said there remains stability in prices and the projection for the near future is for prices to slide sideways with little or no significant movement
