High scrap exports, low stocks breed volatility
Mar 12, 2013 | 01:11 PM
| Corinna Petry
CHICAGO U.S. ferrous scrap exports and low scrap inventories at domestic mills are contributing to volatility in both supply and prices, according to speakers at a Chicago conference.
Lynn Lupori-Gray, managing consultant at Mississauga, Ontario-based consulting firm Hatch Ltd., said there are three primary reasons U.S. scrap exports have grown 200 percent since 2002: The United States has a lot of scrap; it has a lenient export policy; and it has a sophisticated supply chain.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.