Metal Bulletin’s low-grade price rose to
$15-15.65 per lb from $14.70-15 per lb , while high-grade
prices rose to $15.25-16 per lb from $15-15.40.
"Sentiment is still very much favouring higher prices," a US
trader said. "There’s a lot of interest on the
buying side. We’re looking to buy at the moment,
and the market seems to be very tight." There were reports