US mills paying higher prices to secure January scrap

摘要

US mills looking to secureJanuary scrap commitments from dealers thisweek are paying higher prices than averageDecember settlements.Platts raised its daily shredded scrapassessment to $180-$190/lt delivered Midwestmill on Friday, up $10/lt on Thursday. Priceswere also reported as high as $195-$200/ltfor mills reaching for scrap outside the regionfor January arrivals, which are preferred bysome mills seeking to run down year-end scrapinventory and have railcars in the queue forearly next year.