FUTURES WRAP: LME scrap contracts see more losses; trading volumes climb

Near-term scrap futures contracts on the London Metal Exchange continued to see strong losses over the week to June 23, while the trading volumes increased week on week. Platts assessed the June contract down $13/mt over the week to $375.50/mt June 23, while the July contract decreased $20/mt to $345/mt. The August contract fell $14.50/mt week on week to $350/mt,…