10
Jul
14:43
LME scrap and rebar volumes fall in June
The London Metal Exchange (LME) saw both the number of lots and tonnage volumes fall month-on-month in its ferrous scrap and rebar contracts in June, the exchange tells Kallanish. Scrap volumes almost halved from those in May, whilst those for rebar fell more gently. Average prices rose slightly on-month for rebar but slipped back for scrap.
The LME formerly advised an end-of-month price for both the rebar and scrap contracts in its monthly ferrous report. …
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Anonymous
Very good overview of the weekly steel market.
Anonymous