Tag: Chinese billet alternatives
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US: Ferrous scrap export index remains largely stable amid slow Turkish, Asian demand
Turkiye instability weighs on trade, limits scrap demand Post-Eid rebound likely amid improved trade sentiment US ferrous scrap export offers remained largely stable, inching up by a mere $1/t w-o-w amid Turkiye’s political unrest and the Ramadan slowdown. Market activity in Turkiye, Bangladesh, and Pakistan has temporarily slowed, further limiting the trade momentum. A market…