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US H1 scrap average prices rise to $163.5 per long ton
Jan 15,2016 09:44CST
industry news
Source:SMM
The US H1 scrap price average prices were at $163.50 per long ton during the week ended January 11th, 2016.

By Paul Ploumis (ScrapMonster Author)

January 14, 2016 07:43:24 AM

ALBANY (Scrap Monster): The US H1 scrap price average prices were at $163.50 per long ton, as on 11th January, 2016. The prices climbed higher by $13.33 per long ton when compared with the previous week. The scrap prices have witnessed an increase after holding steady for three weeks in a row.

The average price of US H1 scrap in Pittsburgh, Chicago and Philadelphia was $163.50 per long ton, rising by $16.67 per long ton. The scrap prices had averaged at $150.17 during the week prior to this.  

ALSO SEE US Scrap Prices

The H1 scrap average price in Pittsburg was $159.50 per long ton.  The average price witnessed a rise of $20 per long ton when compared with the previous week’s price. In Chicago the prices averaged at $172.50 per long ton. The prices here too rose by $20 per long ton when matched with the previous week. The average price in Philadelphia was $158.50 per long ton. The prices here remained unchanged when compared with the week before.

Meantime, the weekly crude steel output by the US rebounded sharply by 10.7% during the week from January 2nd to January 9th. The output surged higher considerably by 150,000 short tons to 1.594 million short tons during the week.

 


US H1 scrap price average prices

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