Recycled metals market: Will winter trigger a rebound?

The recycled iron and steel markets seem to be “ho hum” at this stage of October. The word on the street is strong sideways, which is really not a bullish sentiment compared to the optimism of two weeks ago.

Ferrous scrap flows are still fairly consistent, and they should be adequate to fill the increase in demand with the winding up of outages for the year. There is debate over how scrap flows and sentiment will extend into November.