US & Mexico Weekly Scrap Report (September 9, 2022)
USA MARKET COMMENTARY
1. TIGHTENING A BIT MORE: UBC discounts narrow as MWTP falls and demand improves slightly.
2. CUTTER GRADES: EC wire scrap discounts narrow slightly.
MEXICAN MARKET COMMENTARY
1. NOT THE TYPICAL MATING SEASON: Mating season set to be “unique”.
2. ADJUSTING DOWN: Mexico´s UBC prices fall back, competition eases.