FUTURES WRAP: LME scrap contracts see strong gains

Near-term scrap and rebar futures contracts on the London Metal Exchange saw strong gains over the week to Aug. 11, while weekly trading volumes dipped. Platts, part of S&P Global Commodity Insights, assessed the August contract up $32.50/mt on the week to $397/mt Aug. 11. The September contract gained $14.50/mt on the week to $394.50/mt, while the October contract jumped…

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