The daily Platts TSI US Midwest shredded scrap index was assessed at $380/lt on a delivered basis on Sept. 2, unchanged from Aug. 29.
The assessment was unchanged from Aug. 29 amid steady fundamentals and in the absence of bids, offers or transactions testing the previous assessment level.
A scrap dealer in the Mid- Atlantic said shredded scrap prices for September delivery in the Midwest could drop by as much as $20/lt from August price levels, amid weakening demand conditions.
