US Midwest shredded scrap settles up $20/lt for June

摘要

June scrap settlements finalized late Tuesday and into Wednesday in the US Midwest at price levels mostly around $20/lt above May pricing, with pockets of higher prices in some cases due to low mill inventories. Platts assessed Midwest shredded scrap at $280-$285/lt delivered mill on Wednesday. The assessment is up $5/lt on day and up $20/lt compared to early May.