16
Aug
15:15
US market sentiment diverges over September scrap trading
Following the price declines seen in obsolete grades in the US during August trading, market participants’ opinions have diverged over September pricing. While some expect prices to further decrease due to the ongoing declines in Turkey, others see prices moving sideways.
During August trading obsolete scrap prices have declined by $20/gross ton from July, while prime grades remained unchanged or declined by $10/gt, depending on the region. While this has ca…
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Anonymous
Very good overview of the weekly steel market.
Anonymous