US ferrous scrap export market sluggish

Lackluster finished steel demand has reportedly put a halt to Turkish deep-sea ferrous scrap purchases, with no deals heard from the United States East Coast to the region since August 20.

But the recent emergence of a lower-priced Baltic Sea cargo sale to a mill in the Iskenderun region suggests that there is further downside due for US ferrous scrap export...

Published

Amy Hinton

September 01, 2021

20:21 GMT

London