30
Jan
21:32
Prime scrap availability to tighten in US: Goncalves
Cleveland-Cliffs maintains a favorable 2024 steel market outlook, with a key source of pricing support coming from tight prime scrap markets, Kallanish learns from the company’s quarterly earnings conference call.
Cliffs chairman, president and ceo Lourenco Goncalves says the prime scrap market is undersupplied.
"Manufacturing in the United States is shrinking," Goncalves observes. "With manufacturing shrinking, the generation of prime s…
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Anonymous
Very good overview of the weekly steel market.
Anonymous