Ferrous scrap bucks weak pricing trend
Jan 22, 2014 | 12:07 PM
| Corinna Petry
CHICAGO Iron and steel scrap went against the trend of weak metal pricing in December, according to the latest producer price index (PPI) report from the U.S. Bureau of Labor Statistics.
The PPI for iron and steel scrap jumped to 575.5 in December, up 5.9 percent from the previous month and 8.2 percent higher than in December 2012. Last months index for steel mill products rose just 0.3 percent from November to 196.4 but was down 1 percent from a year earlier.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.