US ferrous scrap export market said poised to rise

Despite an absence of deep-sea ferrous scrap cargo sales from the United States this week, export sources anticipate more buying activity at higher prices due to competition for tonnages among global mills amid heavily reduced scrap flows.

Buyers have been notably absent from the US East Coast and West Coast export markets for almost a week. This follows a flurry of deals at significantly higher prices at the end...


Amy Hinton

March 03, 2021

19:48 GMT