04/10/2026
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/