Beam prices shaky as scrap benchmark falls
Apr 08, 2013 | 10:42 AM
| Frank Haflich
LOS ANGELES Wide-flange steel beam published prices are facing increased pressure as distributor resale tags appear to be coming under renewed assault following a drop in a key scrap barometer.
AMM last week lowered its consumer buying price for shredded automotive scrap in the Chicago marketa major component of some mills raw material surchargesto $390 per ton ($19.50 per hundredweight), a $22 decline from the previous month and a reversal of Marchs $35-per-ton gain (amm.com, April....
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