28
Aug
15:36
US scrap market remains stable amid diverging outlook
Approaching September trading, trend expectations are varying in the US scrap market.
While strong scrap prices in export markets and tight supply support the outlook for domestic scrap values, unfavourable conditions in steel markets are undermining this expectation. Potential production stoppages at some US mills are likely to impact scrap demand.
One scrap supplier tells Kallanish: "Tight supply might lift prices of some grades. However, a possible auto p…
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