07
Oct
13:10
US domestic scrap prices expected to settle lower
US domestic scrap prices continue to fall, with October pricing soon expected to settle at $30-40/tonne lower on-month. Market players are wondering how, if at all, a potential recovery in export market prices will affect domestic pricing.
Mid-West HMS I scrap, which stood at $219-223/t at the start of last week, decreased sharply during the week to $205-210/t delivered in the latest transactions.
An US merchant tells Kallanish: “Both in raw materials a…
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