US & Mexico Weekly Scrap Report (September 17, 2021)

Executive Summary

USA MARKET COMMENTARY

1. ITS “GREEN GOLD”: UBC Discounts widen to.. cent/lb below MWTP, this is a new profitability record.

2. STRONG DEMAND FOR EC WIRE SCRAP: Consumers of EC wire scrap are hungry for prompt units.

MEXICAN MARKET COMMENTARY

MOUNTING COST PRESSURES: Booming silicon prices hitting secondaries’ margin

More details in full report.