Small Decline Forecast for April Ferrous Scrap
Ferrous scrap settled up $20 per ton in March, but demand is softening and supplies are building, leading to predictions of April scrap prices that move sideways or decrease by $5 to $10 per ton. Outages at five mills in late March and early April will dampen scrap demand, said CRU North America Analyst Ryan […] The post Small Decline Forecast for April Ferrous Scrap appeared first on Steel Market Update.