February 4, 2022
Executive Summary
USA MARKET COMMENTARY
1. PROMPT SCRAP TIGHTNESS: Consumers offering higher prices for prompt delivery scrap units.
2. RISING SCRAP DEMAND: Secondaries looking for prompt loads of old sheet.
MEXICAN MARKET COMMENTARY
1. WAR FOR UBCs INTENSIFIES: Scrap dealers in Mexico pushing hard to secure UBC volumes.
2. PRICES ARE UP: Some regional hubs aggressively chasing after old sheet units.
More details in full report.