SJF Material Handling Blog

Declining scrap prices are expected to drag down US longs prices with them, Steel Business Briefing understands.

A source at one domestic beams producer predicted yesterday that prices for delivery of that product next month would fall along with the decline in scrap by $20-40/short ton.

Source: Steel Business Briefing

This entry was posted on Tuesday, July 13th, 2010 at 7:48 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.