07
May
15:08
Ryerson sees scrap pressuring flats further down
US service centre chain Ryerson expects flat-rolled will follow scrap down in the near-term before ultimately leveling off, Kallanish learns from the company’s first-quarter earnings conference call.
“I mean, if you look at scrap loads, domestic versus international, the export market for scrap certainly hasn’t been as strong,” says ceo Eddie Lehner. “And we understand that, and scrap looks like it’s going to fall $20-30/short…
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Anonymous
Very good overview of the weekly steel market.
Anonymous