US ferrous scrap export prices diverge on latest sales

Ferrous scrap export prices from the United States diverged in the latest bulk sales, with two deals to Turkey concluded at lower values while another cargo was sold to India at improved prices.

One US exporter sold a cargo from the East Coast to Turkey at $345 per tonne cfr for 13,000 tonnes of an 80:20 mix of No. 1 and No. 2 heavy melting scrap, $350 per tonne cfr for 10,000 tonnes of shredded...

Published

Mei Ling Toh

February 06, 2018

21:00 GMT