July 20, 2008

H1 scrap prices in US continue to surge this week

It is reported that American H1 scrap price on May 5th 2008 was at USD 512.5 per long tonne in Pittsburgh, Chicago and Philadelphia up by USD 8.33 per long tonne WoW.

Bundle scrap average price was USD 454.5 per long tonne which keeps at the same with last week. Among them, Pittsburgh's H1 scrap average price was USD 499.5 per long tonne, Chicago’s was USD 541.5 per long tonne flat with that in previous week. Philadelphia's was USD 523.5 per long tonne increasing by USD 25 per long tonne WoW. H1 scrap average price was USD 475.83 per long tonne in New York, Boston and Houston.

(Sourced from Yieh.com)