US ferrous scrap prices will fluctuate by $10-20 per gross ton over the next few months
According to a Commercial Metals Company (CMC) executive ,the US ferrous scrap prices will fluctuate by $10-20 per gross ton over the next few months
New York : According to a Commercial Metals Company (CMC) executive ,the US ferrous scrap prices will fluctuate by $10-20 per gross ton over the next few months.
'These price fluctuations will likely vary by region,' Joseph Alvarado, chairman, president and ceo told analysts in an earnings call on March 28.
Demand for scrap is steady in the United States but weak internationally, Alvarado noted. Scrap prices will remain somewhat volatile over the next few months.
Courtesy : metalbulletin.com