US & Mexico Weekly Scrap Report (May 28, 2021)

 
SECONDARY SCRAP DOWN

Executive Summary

USA MARKET COMMENTARY

1. SECONDARY SCRAP DOWN: Secondaries lower prices on old cast and other grades across the board.

2. US twitch prices follow other secondary prices down.

3. LOOKING FOR EXTRUSION SCRAP REPLACEMENTS: Strong demand for 6022 and 6016 units.

MEXICAN MARKET COMMENTARY

SCRAP PRICES DOWN. Secondary scrap especially hit

More details in full report.

 

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