15
Aug
15:55
US scrap market remains blurred amid diverging expectations
Following $70/gross ton and $20/gt price falls for prime grades and shredded respectively during August trading in the US, market participants’ expectations are seen diverging for September trading.
While some sources think recurring price falls throughout the summer should come to an end and prices should recover in September following holidays, others are in doubt amid weak US domestic market sentiment.
A domestic scrap supplier tells Kallanish: “Fu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous