Steel Products
August 7, 2013
Chicago Area Scrap Settles Down $10 on Shred - Primes Move Sideways
Written by John Packard
Written by: John Packard
Chicago area scrap deals were lower on shred and basically sideways on #1 HMS and #1 Busheling according to SMU sources as of today.
#1 heavy melt was put at $351-$355 per gross ton.
Shredded Scrap was put at $366 per gross ton.
#1 Busheling was reported to be sideways at $410 per gross ton.
Pig Iron was noted to be $410 per metric ton NOLA (New Orleans).
