MethodologyContact usSupportLogin
The scrap market sentiment for August indicates a marginally positive outlook, with the Trend Indicator at 52.3, suggesting a modest 1.3% m-o-m forecasted price increase. This follows a flat July, where actual prices remained unchanged. The consensus among participants (Trend Indicator consensus at 63%) shows strong alignment in expectations, pointing toward stability rather than uncertainty.
Read on for some highlights from our US ferrous scrap market survey for August or click here to download your copy of the full US scrap trends outlook.
Buyer sentiment (51.47) reflects minimal optimism, while brokers remain more cautious at 42.9, contrasting with sellers who report a stronger upward view at 62.5. Inventory levels are nearly neutral at 51.1, indicating average mill stock levels and no immediate supply pressure.
Inventory levels are nearly neutral at 51.1 Survey participant
Inventory levels are nearly neutral at 51.1
Survey participant
The main market driver is reported as “All Unchanged,” suggesting that no single factor is expected to shift the balance significantly in the short term.
Overall, the survey points to a steady August, with limited upward pressure on prices. Market participants appear to be in a wait-and-see mode, influenced more by a lack of negative drivers than by strong bullish signals.