Expectations for stronger scrap market support LME volumes

摘要

Tension in the Turkish market forimported steel scrap stoked volumes on theLondon Metal Exchange’s contract Thursday.Over 3,000 lots were traded on theexchange, at 3,048, equating to 30,480 mtof material — enough to hedge the heavymelting scrap I/II (80:20) portions of a couple ofdeepsea cargoes.