16
Dec
14:10
US scrap market uptrend to continue in January
The US domestic scrap market is expected to rise again in January after seeing an increase of up to $45/gross ton in the December buy cycle.
In addition to the continuous rise in export prices on both the East and West Coasts, strong domestic demand is supporting the bullish sentiment for January. Although scrap flow in to yards has improved, it is still seen to be limited. The winter conditions and upcoming holidays are also expected to negatively affect supply i…
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Anonymous
Very good overview of the weekly steel market.
Anonymous