FUTURES WRAP: LME scrap contracts mostly higher, trading volumes jump

Most near-term scrap futures contracts on the London Metal Exchange saw strong gains over the week to Jan. 27, while trading volumes jumped on the week. Platts assessed the January scrap contract down $1.75/mt to $468/mt Jan. 27, while the February contract rose $6/mt week on week to $472/mt. The March contract gained $7.50/mt to $472/mt, and the April contract…

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