US scrap prices appear to be softening as expected

Tuesday, 03 August 2021 22:25:36 (GMT+3)   |   San Diego
       

Although the August buy cycle has not yet concluded, sources close to SteelOrbis have noted that at least one Ohio Valley-based mill has finalized their pricing.   August scrap prices, at this mill, have been heard at sideways for prime grade scrap, and down $20/gt on P&S and shredded scrap.

Fully settled US scrap prices are expected to emerge later this week.


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