03
Jan
14:15
US scrap market prepares for price fall
Days before the start of January scrap trading, all US market participants are seen preparing for price falls amid weak export markets and falling steel and imported pig iron prices.
Prices for all grades of ferrous scrap are expected to fall in January trading.
A US supplier tells Kallanish: “There was a scrap surplus in December due to mill outages. Plus, weather conditions have not been that harsh to hamper scrap collection. These, coupled with falling p…
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Anonymous
Very good overview of the weekly steel market.
Anonymous