24
Oct
15:34
Hope fades for US November scrap recovery
Approaching November trading, no improvement is observed in US scrap market sentiment, while almost all market participants foresee further price falls once trading begins.
Although demand is expected to improve due to upcoming holidays and resumption of production following mills’ October outages, this is not expected to have a big impact on prices. Almost all market players see no possibility for a recovery under the current conditions, with sources instea…
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Anonymous
Very good overview of the weekly steel market.
Anonymous