BL Duke

May’s scrap market settled mixed after extended negotiations.

Prime grades held sideways, while select obsolete grades softened. Meanwhile, the spread between HRC and Chicago Busheling widened to approximately $758/GT — highlighting continued margin strength within the steel market.

What does this mean for your recycling program?

Read the full analysis → https://www.blduke.com/a-mixed-scrap-settlement-mays-scrap-market/

Another major step forward for BL Duke.

This expansion showcases our ability to scale and deliver reliable, coordinated service across a growing customer base.

We appreciate Fastmarkets for the feature.

Chicago was the last domestic ferrous market to post yesterday — closing April on a soft-sideways tone.

Prime scrap remains supported, while obsolete grades are facing pressure as the spread continues to widen. Rising pig iron costs, improving export activity, and stronger finished steel pricing have helped stabilize the market.

Want the full breakdown?

Check out our April blog: The Divide 👇 Chicago was the last domestic ferrous market to post yesterday — closing April on a soft-sideways tone.

Prime scrap remains supported, while obsolete grades are facing pressure as the spread continues to widen. Rising pig iron costs, improving export activity, and stronger finished steel pricing have helped stabilize the market.

Want the full breakdown?

Check out our April blog: The Divide 👇 https://www.blduke.com/the-divide-aprils-scrap-market/

April’s scrap market outlook is beginning to take shape.

Early indicators point to shifting supply and demand dynamics widening the gap between prime and obsolete grades.

Read our full forecast: https://www.blduke.com/coming-soon-aprils-scrap-market/

Ready to grow your bottom line? Let’s schedule a time to discuss how these market shifts may impact your business.