LME scrap contract volumes double on week; rebar and scrap contracts in contango

Capt. John

Volumes traded for the scrap futures contract on the London Metal Exchange, which settle basis Platts assessments, grew sharply on the week following a flurry of bookings in the physical markets amid an intense round of restocking from the Turkish mills. Spot prices for physical imports of premium...

https://www.hellenicshippingnews.com/lme-scrap-contract-volumes-double-on-week-rebar-and-scrap-contracts-in-contango/

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