Ferrous Scrap Prices Likely to Decline in September
Ferrous scrap prices are likely to decline further in September after a modest drop in August, agree Steel Market Update sources. CRU Steel Analyst Ryan McKinley expects a drop of about $20 per ton across the board in September, driven primarily by an overhang of shredded scrap in the market and weak export demand. “There […] The post Ferrous Scrap Prices Likely to Decline in September appeared first on Steel Market Update.