18
Nov
14:46
US scrap market expresses optimism over December pricing
US scrap prices are not expected to fall back in December trading after recovering in November following a prolonged downtrend.
While some market players expect to see higher prices in December trading, others expect a sideways trend. Nevertheless, almost all agree that there will be no downtrend.
A US scrap supplier tells Kallanish: “Demand from mills in the US domestic market has not yet recovered. Especially in the Midwest, demand remains weak as the…
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Anonymous
Very good overview of the weekly steel market.
Anonymous