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Home Steel News Mexico’s scrap price remains increasing trend affected by US market
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Mexico’s scrap price remains increasing trend affected by US market

26 Dec 2019 16:33 reported by Blanca

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According to the market news, the scrap price in Mexico had been adjusted in response to changes in the US market, remained the increasing trend.

At least 1 major steel mill in the Monterrey region raised its scrap purchase price by about MXN 300/ton, and a steel plant in the Bashir region raised its purchase price by MXN200/ton in the middle of December.

According to reports, originally Mexico's scrap prices would rise sharply, but the US scrap prices rose less than expected, making Mexican scrap sellers' trading sentiment slightly frustrated.

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