Scrap prices and sentiment in the U.S. are under pressure, with an expected ~3.6% MoM fall in scrap prices amid weak demand.
👉 Source: Fastmarkets

Summary :

Ferrous scrap prices are expected to fall further in October, continuing September’s downward trend. The Trend Indicator slipped to 40.1, suggesting increased bearish sentiment across the market and pointing to a expected 3.6% month-on-month decline in scrap prices. This compares to a 2.6% drop recorded in the previous month.

Article Link :

https://www.fastmarkets.com/insights/us-scrap-trends-outlook-october-2025-2/?utm_source=chatgpt.com