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US & Mexico Weekly Scrap Report (November 27, 2020)

Executive Summary

USA MARKET COMMENTARY

1. US brokers tighten discounts on dirty A356 scrap wheels.

2. ACR scrap prices range widens.

MEXICAN MARKET COMMENTARY

1. SECONDARY PRICES ALMOST AT PARITY WITH P1020: Mexico’s A380 prices jump to $... USD/lb.

2. SCRAP SHORTAGE INTENSIFIES: Suppliers struggling to fill committed orders.

More details in full report.