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| US ferrous scrap |
US ferrous scrap markets expect a broadly neutral trading environment in September 2026 following modest price adjustments in the previous month. The primary Trend Indicator registers at 49.5, pointing directly toward a stable, sideways market structure. Furthermore, the prediction model anticipates a minor average month-on-month price increase of 0.7%, counterbalancing the previous month's 0.8% decline.
Balanced Inventories and Historic Market Consensus
Survey participants report balanced inventory levels across domestic mills with no single dominant price driver dictating market direction. The Inventory indicator stands at 51.1, indicating normal stocking volumes with minimal supply-side or demand-side pressure. In addition, historic survey consensus reaches 74%, which demonstrates unprecedented market confidence in near-term price stability. Consequently, market participants anticipate steady operational conditions across domestic supply chains.
ScrapInsight Commentary
The record survey consensus highlights a rare period of equilibrium within the US ferrous scrap sector. Stable inventory levels suggest steady mill consumption without immediate near-term pricing shocks.
