US & Mexico Weekly Scrap Report (August 26, 2022)

Executive Summary

USA MARKET COMMENTARY

1. TIGHTENING A BIT: UBC discounts narrow a bit, but remain above... cent/lb.

2. RISING ALONG: Higher demand and prices for A356 scrap wheels amid auto recovery.

MEXICAN MARKET COMMENTARY

TWO TALES AGAIN: Price range widens significantly for UBC and old cast units.