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

Most near-term scrap and rebar futures contracts on the London Metal Exchange saw losses over the week to Feb. 17, while trading volumes decreased. S&P Global Platts assessed the February scrap contract down $1.50/mt to $504.50/mt, and the March contract $9.75/mt lower to $498/mt on Feb. 17. The April contract fell $10/mt to $490/mt, while the May contract gained $15/mt…

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