27
Apr
15:31
US scrap market sentiment improves despite Turkish price drop
Most US scrap market players now agree that the possibility of another downward price movement is almost zero, despite uncertainty still prevailing in the US steel market.
US suppliers are unable to collect material due to measures against the coronavirus and interruptions in manufacturing. They believe price increases seen in export markets in the first half of April should reflect in May pricing. As US mills’ scrap demand is very low, on the other hand, a …
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Anonymous
Very good overview of the weekly steel market.
Anonymous