13
May
19:52
LME scrap and rebar volumes fall in April
The London Metal Exchange (LME) saw both the number of lots and tonnage volumes fall month-on-month in its scrap and rebar contracts in April, the company tells Kallanish. Despite the monthly reduction, year-to date scrap volumes traded climbed above 1 million tonnes.
The LME formerly advised an end-of-month price for both the rebar and scrap contracts in its monthly ferrous report. It now highlights average, minimum and maximum prices for the month for both pro…
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Anonymous
Very good overview of the weekly steel market.
Anonymous