25
Nov
14:09
US scrap market anticipates early-December price hike
Sentiment among most US scrap market players has turned positive, with expectations of a minimum $10/tonne price increase depending on the quality and region. Previous expectations of a sideways price trend for the December buy-cycle have all but disappeared.
Shredded scrap prices are anticipated to gain more strength as a result of ongoing stronger demand.
December’s buy-cycle is expected to start in the early days of next month due to the holidays tha…
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Anonymous
Very good overview of the weekly steel market.
Anonymous