10
Jan
14:48
US scrap market faces unforeseen price fall
With trading starting towards the end of last week, the US scrap market is anticipated to face higher pressure and decline more than expected in January trading.
After two Detroit mills’ entrance into the market with bids at $60/gross ton lower than December prices for all grades towards the end of last week, sentiment has turned more bearish in the US scrap market.
The market, which started the new year with oversupply, has come under further pressure due …
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Anonymous
Very good overview of the weekly steel market.
Anonymous