US scrap prices still trading, but all signs point to up

Wednesday, 03 November 2021 23:28:32 (GMT+3)   |   San Diego
       

As expected, SteelOrbis has learned that at least one Ohio Valley mill has come out at up $50+/gt on shredded, up $40+/gt on HMS and P&S scrap, and up $20+/gt on prime grades, while another mill in the Southeast has also come out at up $50/gt on shredded scrap. Although it’s still early in this month’s trading cycle, settled prices are expected to emerge by the end of the week.


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