Scrap futures contract sees tonnage spike

May 15, 2013 | 04:06 PM | Lisa Gordon

Tags  busheling, Midwest contract, No. 1 busheling, ferrous scrap futures contract, CME, scrap prices, scrap futures, Lisa Gordon

PITTSBURGH — The scrap futures market has enjoyed a sudden spike in tonnage, logging its strongest monthly performance since its launch.

A single position taken in a contract in May totaled 12,000 gross tons, outperforming the previous two months combined and exceeding all scrap futures contracts from September through December last year.....





Latest Pricing Trends

Poll

Is severe weather affecting your business?

Yes
No


View previous results

AMM Events