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US Shredded Scrap prices remain flat at $379 a long ton in the week ended July 25

United States shredded scrap prices remained flat week-on-week at $379 a long ton (delivered mill) in the week ended July 25th this year, as per the latest figures released by the The Steel Index. 
 
US Midwest shredded index remained flat last week against a backdrop of little mid-month trade. 
 
Initial talk for August purchases is of sideways pricing, with the market seemingly well balanced in terms of supply and demand fundamentals. 
 
The summer months have brought increased scrap flows into yards, whilst mill activity has picked up and will likely be able to consume the extra material collected.

Source:Scrap Register

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