Hot Rolled vs Scrap Price Spread Stabilizes
The relationship between hot-rolled coil (HRC) and prime scrap prices has stabilized in the last few weeks, according to Steel Market Update data. After briefly stalling in August, hot rolled prices have began to slide downwards again since the beginning of this month. Busheling scrap prices settled at down $45 per gross ton last week, the […] The post Hot Rolled vs Scrap Price Spread Stabilizes appeared first on Steel Market Update.