30
Nov
15:01
US scrap market approaches sharp price increase
Scrap prices in the US domestic market are expected to record a significant increase as the December buy-cycle approaches.
Global scrap demand remains strong and prices continue increasing in export destinations. To add to this, strong domestic demand arising from increasing mill utilisation rates and tight supply are also supporting price increase expectations in the US market. For this reason, the number of ex-US scrap offers in export markets has gradually decr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous