21
Jun
15:21
US scrap sentiment remains firm for July trading
Following two consecutive months of price increases, US market participants remain bullish over July trading due to the strength of US finished steel markets.
While no downward price trend is expected, most market participants are seen expecting sideways pricing. However, some market participants also foresee still higher prices, for shredded and prime scrap.
A US domestic scrap supplier tells Kallanish: “I believe we will see higher prices, starting from $…
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Anonymous
Very good overview of the weekly steel market.
Anonymous