Gold edged higher due to strong Chinese demand and after Federal Reserve officials allayed investor concerns that the U.S. central bank will soon exit its bullion-friendly bond purchases.
May 17, 2013
Industry Recognizing More Opportunities CME Group’s ferrous scrap steel futures market recently witnessed a sudden spike in tonnage, logging its strongest monthly performance since its launch last September, according to American Metal Market. “Momentum has been building and people recognize opportunities” in the contract, one broker told American Metal Market. June scrap futures traded around $375 per ton late this week.Read Full ReportFeatured Information Scrap Steel Futures Market Sees Trading Spike









