FUTURES WRAP: LME scrap contracts see losses, trading volumes increase

Near term scrap futures contracts on the London Metal Exchange saw strong losses over the week to July 28, while trading volumes increased. Platts assessed the July contract down $1/mt to $395.50/mt, S&P Global Commodity Insights data showed. The August contract fell $20.50/mt week on week to $350/mt, while the September contract fell $28.50/mt to $344.50/mt. The October contract fell…

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