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

Most near-term scrap futures contracts on the London Metal Exchange continued to gain over the week to March 10, while the trading volumes also increased to almost a two-year high. S&P Global Commodity Insights’ Platts assessed the March contract up $44.50/mt to $649.50/mt on March 10, while the April contract lost $30/mt to $635/mt. The May contract gained $19.50/mt to…

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