FUTURES WRAP: LME scrap contracts see gains on week, trading volumes increase

Near-term scrap futures contracts on the London Metal Exchange saw gains over the week to May 26, while the trading volumes increased on week. Platts assessed the May contract up $3/mt on week to $483.50/mt on May 26. The June contract rose $14.75/mt to $465.75/mt, while the July contract increased $5/mt to $460/mt. The August contract gained $9/mt to $454.50/mt….

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