US & Mexico Weekly Scrap Report (March 22, 2021)

Executive Summary

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.