July 21 2013 - From the world of scrap metal news - US H1 scrap average prices remain flat - Yieh reports that the average prices of the US’s H1 scrap in Pittsburgh, Chicago and Philadelphia were at US$340.83/long ton on July 15th, 2013, remaining flat from a week ago. Among them, the average prices of H1 scraps in Pittsburgh were at US$349.5/long ton; those in Chicago were at US$354.5/long ton, and those in Philadelphia were at US$318.5/long ton, all keeping unchanged from the previous week. In other news - Japan’s H2 scrap average prices slide. Yieh reports that the average prices of Japanese H2 scrap in Kanto, Central and Kansai region were at ￥29,676/ton in the third week of July, falling by ￥178/ton from a week ago. Among them, the average price of H2 scrap in Kanto region was at ￥30,783/ton, decreasing by ￥34/ton; that in Central region was at 27,620/ton, remaining flat and that in Kansai regions was at ￥30,624/ton, falling by ￥500/ton, all compared to the prices in the previous week. From EUROFER – The base case scenario of a stabilisation of the EU economy in the second half of 2013 and a gradual but slow recovery in [...]
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