28
Dec
14:27
US scrap market prepares for higher prices
With January-trading approaching, sentiment remains quite bullish in the US scrap market. Almost all market participants are getting prepared for higher scrap prices.
As finished steel prices continued to rise to historical levels in December, mills’ scrap demand is expected to remain strong. On the other hand, prices in export markets continued their sharp rises in December. Supply, however, has been hit by winter conditions, resulting in a supply-demand im…
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Anonymous
Very good overview of the weekly steel market.
Anonymous