27
Jun
18:09
Schnitzer sees scrap holding steady
Steady global demand for scrap should keep the price relatively stable over the next quarter, Kallanish learns from Schnitzer Steel ceo Tamara Lundgren.
In a conference call with analysts, Lundgren says that scrap did not experience the same run-up in price that iron ore did over the last quarter.
While she declines to comment on prices moving forward, she notes that ferrous scrap prices peaked around $300/short ton during the quarter and then level…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous