(AMM) Sept. scrap export data shows hints of crisis to come

New York 14 November 2008 21:26

The beginnings of what later became a sickening plummet in scrap metal exports can be seen in September U.S. Census data, with overall dollar value of shipments off by 25 percent from the previous month.

For shipments to all destinations, declines of 30 percent were recorded for steel and iron scrap, 20 percent for aluminum scrap and 10 percent for copper and brass scrap.

For shipments to China, which is the...

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(AMM) Sept. scrap export data shows hints of crisis to come

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