CME Group's Midwest No1 busheling ferrous scrap futures traded a total of 186 lots (3,720 gross tons) on Monday August 24, according to the exchange's daily report.
The front month September contract remained the most active with 62 lots sold; 209 lots traded on that contract on Friday August 21. After opening at $289 per ton, up by $3 from the Friday close, the price slid by $6 day on day to settle at $280 per ton.