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US H1 scrap average prices drop further
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Reportedly, the average prices of the US’s H1 scrap in Pittsburgh, Chicago and Philadelphia were at US$347.5/long ton on June 11st, 2012, falling by US$38.33/long ton from a week earlier, reaching the lowest level since the fourth week of November, 2011.
Among them, the average H1 scrap prices in Pittsburgh were at US$339.5/long ton, decreasing by US$50/long ton; that in Chicago was at US$349.5/long ton, falling by US$55/ton; that in Philadelphia was at US$353.5/long ton, dropping by US$10/long ton, all compared to that in a week ago.
In the given period of time, the average H1 scrap in New York, Boston, and Houston were at US$312.5/long ton, declining by US$38.33/long ton from the previous week.
News Date
6/14/2012 1:45:43 PM
reported by
Nann Cheng
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