Published by: Christian Willbern<>
5 Mar 2025 @ 15:06 UTC

Chicago Mercantile Exchange (CME) Chicago No1 Busheling Ferrous Scrap (BCH) futures traded 691 lots (13,820 gross tons) on Tuesday March 4, a 631 lot increase from the previous trading day.
* the APR 25 contract traded 105 lots at $515 per ton, up $5 per ton; * the MAY 25 contract traded 80 lots at $515 per ton, up $5 per ton; * the JUN 25 contract traded 75 lots at $515 per ton, up $10 per ton; * the JLY 25 contract traded 124 lots at $500 per ton, up $6 per ton; * the AUG 25 contract traded 91 lots at $500 per ton, up $11 per ton; * the SEP 25 contract traded 91 lots at $500 per ton, up $11 per ton; * the OCT 25 contract traded 50 lots at $495 per ton, up $6 per ton; * the NOV 25 contract traded 50 lots at $495 per ton, up $6 per ton; * the DEC 25 contract traded 5 lots at $495 per ton, up $6 per ton; * the JAN 26 contract traded 10 lots at $495 per ton, up $6 per ton; * the FEB 26 contract traded 10 lots at $495 per ton, up $6 per ton;
At the close, open interest stood at 2,261 lots (45,220 gross tons), an increase of 631 lots from the previous day.
Fastmarkets’ most recent monthly assessment of the steel scrap, No1 busheling, consumer buying price, delivered mill Chicago was $450 per gross ton on February 10, up by 12.50% from $400 per ton on January 10.
Fastmarkets’ steel scrap, No1 busheling index, delivered Midwest mill was calculated at $479.15 per gross ton on February 10, up by 14.63% from $417.99 per ton on January 10.