Early Alabama scrap cues point south for Oct.

Sep 20, 2013 | 02:05 PM | Lisa Gordon

Tags  scrap prices, shredded scrap, No. 1 HMS, prime scrap, Alabama scrap, Lisa Gordon

PITTSBURGH — Early scrap deals in Alabama are being done at a discount to September, but it’s too early to tell if this is where prices will settle.

One mill buyer has been successful in picking up busheling, No. 1 heavy melt and plate and structural steel scrap from domestic suppliers at down $5 to $10 per ton, and the mill also has booked a cargo of prime scrap from Sweden at an estimated price of $418.50 per tonne delivered to its facility.....

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