03
May
15:47
US domestic scrap prices to settle firm
US scrap market participants expected the May buy cycle to start on Monday and show strengthening signs following the favourable developments seen in the global market with China’s steps to curb exports.
No downward price trend is expected for any scrap grade, while some market participants expect further rises in prime scrap due to tight availability. However, some sources think mills will change their scrap mix and reduce prime scrap demand in order not to…
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Anonymous
Very good overview of the weekly steel market.
Anonymous