05
Apr
16:34
Schnitzer sees fiscal second-quarter US scrap volatility
During the company's fiscal second-quarter earnings conference call attended by Kallanish, Schnitzer Steel Industries president Tamara Lundgren identified a mix of market forces that have created a volatile scrap market in Q2.
“Although domestic [... scrap] prices during the quarter remained stronger than export prices, domestic prices moved downward as a result of softer prices for flat steel products. In March, domestic prices strengthened, reflectin…
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Anonymous
Very good overview of the weekly steel market.
Anonymous