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

USA MARKET COMMENTARY

1. NARROWER SCRAP DISCOUNTS: US consumers pushing for EC 1350 wire scrap, Mexican consumers pushing for irony extrusions.

2. NAASAC DELIVERIES: NAASAC inflows for the first time since May.

MEXICAN MARKET COMMENTARY

PRICE REVERSION: Silicon prices plunge 30%, secondary ingot activity stalled.

More details in full report.