Second strongest week for LME scrap futures

摘要

The London Metal Exchange steelscrap contracts continued to grow in strengthlast week. With a total volume of 214,260 mttrading on the bourse, the week proved to bethe second strongest ever for scrap futures.The week opened quietly with volumes ofjust 860 mt traded on Monday as the IREPASinternational rebars producers and exportersevent in Istanbul kept players distracted, butstrong Wednesday and Friday activity boostedthe week.