US & Mexico Weekly Scrap Report (March 22, 2021)
USA MARKET COMMENTARY
1. DISCOUNT BONANZA: UBC discounts at... cent/lb again.
2. WIDER DISCOUNTS: Brokers still demanding painted siding, but widening their spreads amid higher MWTP.
3. SHORT AND SHORTER: All type of extrusion scrap discounts narrow further.
4. STEADY DEMAND FOR CUTTER ITEMS: Litho spreads narrow with consistent consumer demand.
MEXICAN MARKET COMMENTARY
PRIMARY SCRAP ITEMS: Increasingly expensive vs contractual P1020 units.
More details in full report.