US & Mexico Weekly Scrap Report (August 23, 2021)
USA MARKET COMMENTARY
1. HOT SCRAP ITEM: Strong demand for clean 6063 scrap.
2. HIGHER DEMAND FOR CUTTER GRADES. EC 1350 and other cutter grades’ discounts narrow further.
MEXICAN MARKET COMMENTARY
1. RECOVERING: Domestic UBC prices jump following up the export market.
2. YET HIGHER PRICES: Prices for clean and painted 6063 scrap continue to rally.
More details in full report.