US ferrous scrap export markets trending down

US East Coast ferrous scrap export prices continue to face downside pressure following a recent cargo sale to Turkey, while business activity off the West Coast remains muted.

A Turkish steel mill bought a United States-origin cargo for September shipment comprising 30,000 tonnes of heavy melting scrap 1&2 (80:20) at $461 per tonne as well as 5,000 tonnes...

Published

Thorsten Schier

August 11, 2021

21:30 GMT

New York