Copying and distributing are prohibited without permission of the publisher

US scrap steering towards period of stability, CMC's Alvarado says

March 28, 2014 - 07:38 GMT Location: Pittsburgh

KEYWORDS: USA , Commercial Metals Co , CMC , Joseph Alvarado

The US scrap metal market is heading towards a quiet period due to an absence of near-term volatility, Commercial Metals Co’s (CMC’s) top executive said.

"Our expectation over the (coming) quarter is sideways to slightly up," chairman, president and ceo Joseph Alvarado said during the Irving, Texas-based company’s fiscal second-quarter earnings call with analysts March 27. He was quoted as saying so by Metal Bulletin sister publication AMM. However, Alvarado cautioned that prices could be negatively...

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

subscribe to this feed Comment & analysis

Upcoming Events

MB Glossary

From Aluminium to Zinc...
Search this free glossary on metals

Try the new Metal Bulletin BETA site...

We've added some great new features and tools which we think you'll find useful:

  • Easier to use navigation including links to new sections
  • Cleaner interface for the Price Book with easier to use data views
  • More dedicated pages for specific metals e.g chrome, antimony, nickel
  • Better search tools for news and prices with handy filters

Simply click 'Yes please' below to go straight to the BETA site
(Please note: you will need to log into the BETA site on your first visit. Plus you can return to the original site any time you wish)