Scrap Posts Final

Scrap Posts Final

Scrap settled this month sideways at $370/ton (Chicago Shredded Index). This is unchanged from the previous month and was widely expected. The non-change will do little to impact pricing changes with the domestic mills. The market sentiment continues to be dominated by supply issues with raw material cost taking a backseat.

We will continue to keep you posted with events in the market.

Have a great weekend.