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Philadelphia Prices

Market Reports > Philadelphia

Philadelphia strongest market in North America in August

By Bill Beck - August 16, 2017

After leading the market with a $10 boost in July, the bellwether grades of no. 1 heavy melt and shredded soared another $25 in August. Continued demand for cut grades in the Philadelphia market is being fueled by export sales off the East Coast that are some of the strongest in recent years. The weak dollar has Turkish and Mideast buyers scouring the Atlantic Coast from South Carolina north to Maine seeking cargoes of cut grades.

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