Prices start to climb from June lows with varying degrees of strength

摘要

Scrap buying got off to a late start this month, partially a result of the 4th of July holiday but also general uncertainty surrounding price movements. While market participants have generally been aware of where prices were heading directionally since last month, the extent that prices would rise in July has been in question. With buying now underway, uncertainty still looms as pricing trends vary considerably by grade and region.