US & Mexico Weekly Scrap Report (July 30, 2021)

Executive Summary

USA MARKET COMMENTARY

1. RESILIENT DEMAND. 6061 turnings being purchased regularly.

2. EXTRUSION SCRAP COMPETITION. US 6063 scrap discounts remain tight on limited availability.

MEXICAN MARKET COMMENTARY

SECONDARY DEMAND CONTINUES TO FALL: More casters slashing orders for August-September

More details in full report.