Markets

摘要

We're seeing a bit more stability in ferrous scrap prices, which is being driven by steel-mill scrap inventory rebuilding. In addition, some analysts are saying scrap inventories are very thin at many processing yards, due mainly to low industrial generation.rnStrong ferrous scrap export demand continues, with Chinese mills being especially active in recent weeks. Scrap exports have risen by about 10 percent this year.rnOver the long term, domestic steelmakers await the market impact of expected large construction projects this summer, established from federal stimulus-package expenditures.