13
Feb
15:24
US scrap market remains bullish for March trading
Positive sentiment continues to lift the US scrap market following February gains thanks to improving scrap demand and a simultaneous scrap shortage. This comes amid strengthened order books and increasing steel prices.
Although most market participants do not find a downward trend in prices likely, Turkey’s unclear situation is preventing them from making accurate forecasts.
One US scrap supplier tells Kallanish: “If Turkey continues to halt purchase…
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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