08
Feb
15:00
US scrap market eyes March improvement
US scrap market participants are hopeful over March trading after transactions in February have failed to offset the large price losses seen in January.
However, while suppliers think there is big potential for an upward trend in March, mills are doubtful. In any case, neither side expects another drop at this point, but there is still some time to go before March trading starts, Kallanish notes.
In February trading, HMS and shredded prices were largely unchanged…
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