Shredder feed prices on split paths in US Midwest, Ohio Valley

摘要

Buying patterns by shredders in the United States have become slightly erratic ahead of October’s ferrous scrap trade, with the price rising in the Midwest, falling in the Ohio Valley and unchanged in the Southeast. Prices inched up in the Midwest, with sources mixed about where prices might be heading in October trade. Sources agreed unanimously that No1 busheling will likely increase, but were unsure where obsolete scrap grades - like shredded scrap and No1 heavy melt - might land.