19
Aug
15:23
Weak exports prevent US scrap price recovery
Despite early strong expectations for a recovery, US domestic scrap prices in August trading have failed to improve from July values amid pressured export values.
Heading to September trading, sentiment remains weak in the US scrap market, notes Kallanish.
Although US domestic scrap prices avoided falling in July and August thanks to steady exports, export markets have now stopped supporting domestic values. While cheap Asia-origin billet offers to Turkey are des…
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