The U.S. scrap metal and rebar markets are exhibiting varied performance. Shredded scrap prices are largely stable, averaging around USD 370-390 per gross ton, while rebar prices have seen slight firming, largely holding at USD 780-800 per short ton ex-mill. Demand from the construction sector remains robust, particularly for public infrastructure projects, although residential construction shows regional variations. Major steel producers like Nucor and Steel Dynamics (SDI) are maintaining steady output, with their scrap-based operations benefiting from relatively stable input costs. Factors affecting recycling supply include industrial production levels, which determine factory scrap generation, and collection rates of obsolete scrap.

Winter weather conditions can temporarily disrupt collection, but overall, supply has been adequate to meet mill demand. The market anticipates continued stability, with any significant shifts likely tied to broader economic indicators or major infrastructure spending.