US & Mexico Weekly Scrap Report (July 7, 2023)

 

USA MARKET COMMENTARY

1. HOLDING GROUND: New bare 6063 extrusion spreads edge in.

2. LOCAL DEMAND SAGS: US zorba falls to ten-month lows.

MEXICAN MARKET COMMENTARY

NEW LOWS: UBC prices fall to new lows at the consumer level; prices poised for another slide this month.

 

Request a Sample

Previous Article LME falls and approaches $2,000 per mton zone; US billet demand deteriorates further Next Article Bearish momentum continues for LME prices; European P1020 and billet premiums fall
icon-angle icon-bars icon-times