Tag: CFR pricing
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US: Ferrous scrap export index up modest $3/t w-o-w on stronger domestic demand
The US ferrous scrap export index showed a modest w-o-w rise as overseas sales remained relatively slow compared to the previous week. East Coast prices saw an uptick of $3/t w-o-w. Exporters remain unsure about the market’s trajectory, though suppliers feel East Coast prices may stabilise at their current elevated levels. Prices of imported HRC…