Mill demand keeps US Midwest prime scrap market strong

Underlying strength in demand for No 1 busheling took sellers in the United States by surprise when the market held steady and ignored chatter that May's ferrous scrap prices would fall.

”I thought we were going to see a downside, but inbound flows [to recyclers] are outpacing shipping availability. Yards are having trouble shipping because of logistics,” one national broker, who...

Published

Lisa Gordon

May 10, 2018

23:21 GMT

Pittsburgh