It's reported that the US scrap prices are expected to rise by US$10~US$30/long ton in March after falling in February.
In February, the US scrap prices decreased by US$10~US$20/long ton due to sluggish demand.
At present, the scrap in circulation in Eastern America is low. Furthermore, the scrap in circulation in certain areas in the Western and Eastern America has been suspended due to blizzard.
Accordingly, it's expected that the US scrap prices would increase by US$10~US$30/long ton in March.