10
Apr
15:59
US scrap market to settle early this week
The US scrap market has not settled last week as expected by many market participants. Although the trading kicked off last week, the complete settlement of prices extended to the current week due to the Good Friday holiday. Prices are expected to fully settle by Tuesday.
While the prices for prime grade are expected to settle higher due to tight supply, the increase is expected to remain limited, Kallanish understands.
For shredded, there seems to be a suf…
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Anonymous
Very good overview of the weekly steel market.
Anonymous