Scrap market keeps everyone guessing
Sep 30, 2013 | 07:00 PM
| John Ambrosia
At first glance, it might seem as if nothing notable has happened in the world of ferrous scrap over the past 12 months. Heading toward the 7th annual AMM Steel Scrap Conference in Chicago at the end of October, scrap prices are near where they were a year ago.
Prime grades in mid-September were slightly above where they stood a year earlierAMMs No. 1 busheling composite price was about $2 per ton higher--although cut grades havent fared quite as well, with No. 1 heavy melt and shredded down.....
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