27
Nov
14:15
US scrap market tenses ahead of December trade
Tension remains high in the US domestic scrap market, with most participants expecting values to rise once December trading kicks off. Domestic hot rolled coil prices continued to strengthen last week and scrap export prices have recorded a significant improvement throughout November, Kallanish notes.
However, some sources are sceptical about any remarkable price increases as they expect scrap demand to come in at below expectations. Nevertheless, a down…
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Anonymous
Very good overview of the weekly steel market.
Anonymous