US & Mexico Weekly Scrap Report (March 5, 2021)

Executive Summary

USA MARKET COMMENTARY

1. HIGHER PRICES FOR ACR SCRAP: Export and off-shore ACRs pricing up for spot units.

2. BUY WHAT YOU CAN: Demand for 6061 turnings up to replace some A356 scrap volume.

3. BUYERS CHASING 6061 UNITS: Discounts narrow on 6061 sheet, plate, and clip scrap.

MEXICAN MARKET COMMENTARY

1. PRIMARY SCRAP UP: Higher P1020 prices pushing extrusion scrap and cutter grades up.

2. SECONDARY SCRAP TAMED: Old cast and old sheet prices only slightly up.

More details in full report.