Fresh US ferrous scrap exports keep prices stable

Bulk cargo sales to Turkey, Bangladesh and Vietnam have infused some energy into the US ferrous scrap export market, showing signs of stability in prices.

A scrap broker sold a cargo to Turkey out of Florida on Tuesday August 6 - consisting of a 90:10 mix of No1 and No2 heavy melting scrap and shredded scrap - at an average price of $294 per tonne. The sale was relatively comparable...

Published

Lisa Gordon

August 07, 2019

21:37 GMT

Pittsburgh