Copying and distributing are prohibited without permission of the publisher

(AMM) Speculation on beam price hike spurred by scrap move

March 05, 2010 - 21:41 GMT Location: LOS ANGELES

KEYWORDS: beam , wide flange , shredded scrap

A big jump in a benchmark scrap price has kicked off speculation at both mill and buyer levels on just how much of the increase can be passed along in a still-anemic demand environment for wide-flange steel beams.

$0A big jump in a benchmark scrap price has kicked off speculation at both mill and buyer levels on just how much of the increase can be passed along in a still-anemic demand environment for wide-flange steel beams. $0$0AMM's consumer buying price for shredded automotive scrap in the Chicago market?a key factor in mills' raw material surcharges?has increased by $50 per ton to $395. $0$0Most observers now think...

All material subject to strictly enforced copyright laws. © Euromoney Institutional Investor PLC.


subscribe to this feed Comment & analysis

Upcoming Events