22
Mar
14:16
US scrap trends differently depending on grade
Approaching April trading, the direction of scrap prices in the US domestic market is expected to differ depending on the quality. While obsolete scrap prices, which are strongly impacted by developments in export destinations, are expected to fall, the price of prime grades is foreseen to remain firm.
Although there has been an improvement in Asian demand, Turkish demand remains weak, leading to continuing pressure on prices. Coupled with seasonal factors, which …
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Anonymous
Very good overview of the weekly steel market.
Anonymous