Scrap price trends point to May rise: Rinn

Apr 17, 2014 | 01:27 PM | Lisa Gordon

Tags  scrap prices, Steel Dynamics, OmniSource, Russell Rinn, Lisa Gordon

PITTSBURGH — Scrap prices appear on track for a May increase, a Steel Dynamics Inc. (SDI) executive said during a conference call to discuss the company’s earnings.

"The trend is on the upswing in the short run," OmniSource Corp. president and chief operating officer Russell Rinn said of the direction of May’s pricing.....

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