02
Oct
17:09
LME scrap contract sees record volumes in September
The LME tells Kallanish that prices on both its scrap and rebar contracts rose month-on-month in September 2018. Contract volumes traded also rose for both commodities on the same monthly comparison.
LME Steel Scrap traded the equivalent of 693,280 tonnes last month “… the highest monthly volume traded since launch and a 10% increase over the volumes traded in August,” the exchange says. LME rebar trades also rose again to 36,020t, a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous