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13 May
10:22

LME April scrap/rebar contract prices settle slightly lower

The LME tells Kallanish that prices on both its rebar and scrap contracts lowered slightly month-on-month in April 2018. Contract volumes traded meanwhile were slightly higher for scrap but fell for rebar on the same monthly comparison. LME Steel Scrap traded the equivalent of 351,760 tonnes last month, a rise of around 17,000t from March and “… in line with the average for the past 6 months,” the exchange says. LME rebar trades fell…
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