SJF Material Handling Blog

August US scrap surcharge benchmark down $45/l.ton

A key scrap price that determines surcharges for August deliveries of many steel products in the US market fell by $45 - from $350 to $305 per long ton, Steel Business Briefing learns.

As SBB has previously reported, scrap market players had been expecting a drop in scrap prices due to especially weak export demand.

Source: Business Briefing

This entry was posted on Monday, July 12th, 2010 at 7:34 am and is filed under Industry News, Steel Prices. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.