19
Dec
14:13
US scrap prices remain firm ahead of holidays
Scrap prices in the US remain firm ahead of holidays, with most market participants expecting higher prices after the holidays during January trading, Kallanish notes.
Scrap prices are seen finding support from increasing sheet prices, tight supply and expectations of stronger demand. Although Turkish mills’ suspension of scrap purchases is creating anxiety among some market players, most US suppliers seem comfortable as they are receiving demand from other …
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Anonymous
Very good overview of the weekly steel market.
Anonymous