22
Jul
14:25
US scrap market debates August prices, decline unlikely
Approaching August trading, expectations for scrap prices are seen diverging in the US domestic market. Participants expect either a stabilisation or higher prices, however, with no one forecasting a downtrend.
While some market participants expect prices to finally strengthen due to slow inflow of scrap into yards, some others do not find this likely due to the continuing slide in coil prices amid struggling demand.
A scrap dealer tells Kallanish: “Supply …
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