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08 Feb
14:18

LME rebar and scrap volumes surge in January

The LME tells Kallanish that trades on both its rebar and scrap contracts increased in January 2018. Contract prices at the end of the month settled slightly lower for scrap meanwhile, but improved marginally for rebar. LME Steel Scrap traded the equivalent of 307,660 tonnes last month, showing a strong rise from December’s 195,130t. LME rebar trades improved likewise from 42,150t to 116,120t, and ”… by far the best month on record for rebar,&…
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