FUTURES WRAP: LME scrap contracts see strong gains, trading volumes dip

Near-term scrap and rebar futures contracts on the London Metal Exchange saw strong gains over the week to March 24, while the trading volumes dipped on the week. March contract was up $15/mt at $639.50/mt on March 24, while the April contract gained $32.50/mt to $670/mt, according to Platts assessments from S&P Global Commodity Insights. The May contract jumped $40/mt…

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