June 2012 | North American Steels
Flat and long product prices dive on declining scrap costs: June 2012
North American flat and long product prices are retreating as scrap costs fall sharply and the markets face excess steel supplies from both domestic and import sources.
North American flat product prices saw further deterioration over the past month, with the rate of declines accelerating in early June with the dramatic decline in domestic scrap prices this month. With both obsolete and prime scrap prices...
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