Monday Market Monitor - Scrap - WEEK 27 - Inching to USD 500 mark

There was an all round buzz in the steel scarp market last week with improvement in prices across all categories of semis and long products.

Picking up the strings from surge in billet prices, scrap levels climbed to USD 480 per tonne CFR FO

Market players are seeing USD 500 mark

 

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Posted in: Monday Market Monitor