16
Sep
15:37
US scrap prices sink to new 2019 low
Scrap prices in the US domestic market have once again reached a new low for 2019, following the tumble in July, and after having failed to hold on to the price recovery seen in August.
Local scrap prices in the US are continuing to soften in new trading, after the sharp fall last week. This is mostly due to price pressures arising from export markets and local mills’ demand which is slower than expected. The Mid-West HMS I price which stood at $220-225/to…
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Anonymous
Very good overview of the weekly steel market.
Anonymous