US & Mexico Weekly Scrap Report (July 16, 2021)

Executive Summary

USA MARKET COMMENTARY

1. APPETITE FOR SEGREGATED SCRAP: US consumers are looking for prompt units of 3003 and 1070 scrap.

2. CUTTER SCRAP GRADES TIGHTNESS: Domestic supply of 6063 and EC 1350 scrap remains utterly scarce.

MEXICAN MARKET COMMENTARY

CASH FLOW ISSUES AND LIMITED DEMAND: Scrap market facing late payments and weak demand

More details in full report.