Scrap settlements in Poland likely to rebound in July

摘要

Scrap offers from Poland's mills are most likely to increase in July for the first time since the first quarter this year, local scrap dealers told Platts SBB Tuesday. “Hikes are almost certain, although it has not been stated officially yet,” one scrap trader said. This is a consequence of negligible scrap inventories at the domestic mills, plus reduced volumes bought in June in response to weakening demand.