Scrap futures quiet as market prices flat

Oct 14, 2013 | 01:19 PM | Lisa Gordon

Tags  ferrous scrap, scrap futures, CME Group, Midwest index, No. 1 busheling, AMM Midwest Ferrous Scrap Index, scrap prices, Lisa Gordon

PITTSBURGH — The scrap futures market remains in hibernation, with no trades made for a second consecutive month.

September’s trading volumes for CME Group Inc.’s U.S. Midwest No. 1 busheling ferrous scrap futures contract remained at zero, with a lack of volatility in scrap metals prices still the driving force behind the lack of interest.....

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