Scrap steel price November 2024 and outlook (see chart below)
- North America:US$0.29/KG, unchanged
- Europe:US$0.49/KG, unchanged
- Northeast Asia:US$0.38/KG, unchanged
- Middle East:US$0.37/KG, unchanged
- India:US$0.41/KG, unchanged
Scrap steel price index
This post is a summary of the Scrap steel price developments. The price developments of Scrap steel pulp are expressed in US$ prices converted FX rates applicable at the time when the price was valid. Scrap steel price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.
The outlook for Scrap steel prices is generated from different inputs including:
- Very recent price developments of immediate cost drivers of Scrap steel prices
- Recent price developments of underlying feedstocks which drive the price of Scrap steel
- Market futures for both cost drives and feedstocks of Scrap steel prices
- Adjustment of current supply/demand imbalances in the Scrap steel market
- Longer term trends in likely demand conditions
Business Analytiq assumes no responsibility or liability for any errors or omissions in the content of this site. The information contained in this site is provided on an “as is” basis with no guarantees of completeness, accuracy, usefulness, or timeliness.
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