01
Jul
14:41
Shipment cancellations, HRC threaten US July scrap prices
US domestic scrap market sentiment remains weak ahead of July trading, which is expected to start soon, notes Kallanish.
Although there are diverging expectations from market players, participants do not expect a recovery in scrap prices during the current month's buy circle.
While continuing declines in sheet prices and shipment cancellations for June deliveries at the end of last week threaten scrap prices, some market players expect higher export values t…
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