06
Nov
14:02
US scrap trading kicks in, exports firm
US November domestic scrap trading kicked off on Friday, slightly earlier this month than in previous months, market participants alert Kallanish. It started with a Midwest mill’s bids at an increase of $30/gt for busheling and $20/gt for shredded and P&S from October prices.
Although negotiations continued on the first day of the week, it is obvious that scrap prices, finding support from rising domestic HRC and export scrap prices, and tight supp…
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Anonymous
Very good overview of the weekly steel market.
Anonymous