January scrap talks hold at up $20-$30 in a seller's market

摘要

January discussions in the US domestic scrap market continued to center on a $20/lt increase for prime scrap grades and a $30/lt increase for obsolete grades as negotiations were ongoing late Thursday. It is "still very much a seller's market due to the weather conditions, especially in the Northeast and East Coast," one scrap supplier said. "While no one's disputing [up] $30 [for obsolete grades], the question is, what is the scope [of their purchases]."