06
Jul
14:10
US July scrap prices to settle lower
US July domestic scrap prices are expected to settle by Thursday this week, with market players anticipating prices of all grades to fall, led by prime grades.
Prime grade scrap supply has increased in the US following the resumption in industrial production, which was halted for a while due to the pandemic. The lack of industrial production caused the spread between prime grades and shredded to widen to a record high in June, but this is expected to narrow a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous