Headlines
Venezuela Oil Crisis & Maduro's Capture: 2026 Energy & Metal Price Impact
Maduro's capture reshapes Venezuela's oil sector. What does this mean for scrap metal prices, energy costs, and commodity markets in 2026? Expert analysis inside.2025 Market Review: When Commodity Volatility Reset the Scrap Market and Set the Stage for 2026
Volatility defined commodity markets in 2025, with precious metals outperforming and industrial metals facing sharp policy-driven swings. As 2026 approaches, the scrap market is shifting from price discovery toward access and availability. Here is ScrapMonster’s strategic outlook on the year ahead.Huge, stubborn recycling plant fire could burn for days
Officials plan to tap a river to help put out a huge fire at a northern New Jersey recycling plant they say could burn for daysNWRA Secures Service Waiver for Members in MA and NH
The waiver exempts drivers from HOS regulations for the length of declared emergency. However, once the emergency declaration is no longer in effect, drivers must comply with all existing HOS regulations.Mike Marley’s Shredded Power #35
Steelmakers started the week by trying to keep prices at the same level as last month, but that didn’t last.Midwest USA shredded steel scrap futures to launch on Nasdaq
US Shredded Steel Scrap TSI Index futures trading will begin on the Nasdaq Commodities Exchange (Stockholm).Trading hours are 2:00 a.m. to1:00 p.m. EST. The 20-gross-ton USA Midwest shredded steel contract will be listed, and quoted, for the current month and each of the next 11 months. The contract will finally settle on the 11th day of each month against the Midwest US Shredded Steel Scrap TSI Index price.Mike Marley's Shredded Power #34
Ferrous scrap prices could rise sharply in some regions while remaining unchanged in others.Cincinnati Scrap Prices sideways on all grades
Like most other markets in the nation, the Cincinnati district saw prices mostly at a standstill in June, as supply-and-demand were in enough balance to keep everything unchanged. This followed April and May’s combined $40 drops. "At the beginning of the month, there was an attempt to push prices down $10-$20," a Cincinnati dealer said.US Crude steel output falls 2.8%
Crude steel output in the USA last week totalled an estimated 1,850,000 net tons, down by 2.8% from 1,904,000 tons the previous week, according to figures from the American Iron & Steel Institute.