07
Sep
15:47
US scrap prices settle higher than anticipated
Domestic scrap prices in the US have increased in all regions with the beginning of September trading towards the end of last week.
Following months of being cautious, US mills have been aggressive in buying scrap during September trading. As a result, prices have increased above expectations.
In the US South, supported also by exports, all grades increased $30-35/gross ton. In the Midwest, increases were even steeper, as expected. During September trading in t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous