12
Jul
13:15
US scrap settles sideways for obsolete, prime up
US scrap July trading mostly settled at the end of last week within the country, Kallanish reports.
As a result, obsolete grade scrap prices have mostly remained unchanged from June trading while prime grades have increased by $20/gross ton. Although mills’ demand remained strong, the decline in obsolete scrap prices in Turkey, largest export destination, strong flow and supply outpacing demand have led mostly to a sideways trend in obsolete grades in…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous