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Coronavirus outbreak to weigh on global steel markets. An outbreak of a new coronavirus (2019 nCoV) in Wuhan, the capital of Hubei province in mainland China, and subsequent extension of factory closures beyond the Lunar New Year holiday have caused a downward revision to our iron ore and steel price forecasts over the first half of 2020.[mask]OCTG prices up for third straight month AMM Events[ppe]The all welded average increased by $35, or about 3.5 percent, to $1,053 per ton; seamless prices climbed $22, or 1.8 percent, to $1,250 per ton. Casing prices generally outpaced tubing. Welded N80 production casing jumped $65 to $1,081 per ton, and welded J55 casing was up $41 to $858 per ton.[mask]Current Scrap Metal Prices Per Pound Colorado Scrap [ppe]Fact is that Colorado is a great city to find scrap yards that offer great scrap metal prices per Pound/ton. Many of Colorado's 8.5 million population have got lots of scrap metals lying around and could net you quite a bit of cash when selling it to a recycle or scrap yard in Colorado.
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