19
Oct
16:07
US scrap market points to sideways trend
Most US market participants are expecting a sideways trend for November domestic scrap pricing.
Although some market participants maintain bearish expectations as a result of disappointing October trading, most say stronger prices and demand are likely to support scrap pricing.
A US scrap supplier says: “We were expecting an increase of up to $20/gross ton for October trading in September. What happened? They have barely remained stable. I am not that optim…
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Anonymous
Very good overview of the weekly steel market.
Anonymous