SMU: HRC vs. prime scrap spread narrows further in June
The average HRC price dropped this week, and the June price for busheling scrap tumbled from May.
Tag: Busheling
Final Thoughts
We in the scrap industry should keep tuned to China’s proposed relaxation of ferrous scrap specifications
Mills begin buying for June — at lower numbers than expected
Heading into June, the sentiment was for weaker prices. Now we know what we're dealing with.
Questioning long held scrap price ‘realities’
Does the price of ferrous scrap depend on the price of finished steel product? And how much of an affect do billet and slab prices have on scrap prices?