Regional differences are expected during the April buy week in a US scrap market still seeking pricing direction. Discussions were ongoing Monday between steel mills and dealers and settlements are expected later in the week. Pricing opinions remain mixed as tepid demand is meeting tight supply. “It looks like the market is trying to find a bottom,” one dealer said. “The demand is weak, but so is the supply. The balance seems to be stabilizing the market for now.”
展开▼