US scrap prices cooling down
It is reported that on June 9, the average price of H1 scrap in Pittsburgh, Chicago and Philadelphia was at USD 498.50 per long ton down by USD 15.67 per long ton from last week.
The report added that price of bundle scrap was at USD 434.50 per long ton on average down by USD 27.50 per long ton.
The average price of H1 in Pittsburgh was at USD 499.50 per long ton; in Chicago was at 487.50 per long ton and in Philadelphia was at USD 508.50 per long ton.
In Eastern coast, the average price of H1 scrap in New York, Boston and Huston was at USD 454.50 per long ton dropped by USD 20 per long ton as compared with last week.
In western coast, the average price of H1 scrap was remained unchanged at USD 214.33 per long ton from the previous week.
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