Domestic ferrous scrap market in USA facing $20-30 per ton price fall

摘要

Steelmakers across the USA are wasting no time in cancellingunshipped orders for ferrous scrap as sellers brace themselves for avery large price correction in October.The last day of this month is a Saturday so some mills will allowtruck shipments until Monday October 1, but Metal Bulletin sister titleAMM is unaware of any mills that have not exercised their right toend-of-month cancellations.