28
Sep
14:10
Expectations soften in US scrap market
US domestic scrap market participants anticipate slower rates of price increases or even sideways movement, although most do not yet foresee declines.
While most market participants were expecting prices to increase by $10-20/gross ton last week, bearish sentiment in the global market and price pressure in export markets have softened players’ expectations.
While some market participants find a sideways trend more likely, others still expect prices to rise …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous