27
Jan
12:28
LME scrap and rebar trades reduce in December
The LME tells Kallanish that trades on both its rebar and scrap contracts slowed in in December 2017. Contract prices at the end of the month settled higher for scrap meanwhile, but lower for rebar.
LME Steel Scrap traded the equivalent of 195,130 tonnes last month, while LME Steel Rebar traded 42,150t, showing a slowdown on previous months. “This slowdown can be attributable to a number of reasons, including a quiet spot market, the festive season and a g…
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Anonymous
Very good overview of the weekly steel market.
Anonymous