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Metal Recycling News October 08, 2014 10:30:44 AM

6th October, 2014: US H1 scrap average prices decline

Paul Ploumis
ScrapMonster Author
The US H1 scrap price average prices were at $342.50 per long ton, as on 6th October, 2014

6th October, 2014: US H1 scrap average prices decline

ALBANY (Scrap Monster): The US H1 scrap price average prices were at $342.50 per long ton, as on 6th October, 2014. This is the first time after four months that scrap average prices have dropped.

The average price of US H1 scrap in Pittsburgh, Chicago and Philadelphia was $342.50 per long ton, dropping $20 per long ton from the previous week.  

The H1 scrap average price in Pittsburg was $349.50 per long ton.  The average price dropped by $20 per long ton from the previous week’s price. In Chicago the prices averaged at $349.50 per long ton, recording a decline of $20 per long ton upon comparison with the previous week’s price levels. The average price in Philadelphia was $328.50 per long ton. The prices here too witnessed decline of $20 per long ton from a week before.

The H1 prices averaged at $279.17 per long ton in New York, Houston and Boston, down by $6.66 per long ton when compared with the previous week prices.

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