Tag: economic uncertainties
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US: Stainless steel scrap exports fall 26% y-o-y in 8MCY’24 amid weak demand
Exports to India drop, to Netherlands, Canada surge Cheap imports from China, Indonesia cause concern During the first eight months of 2024 (January-August 2024), US exports of stainless steel scrap witnessed a notable 26% drop to 0.29 million tonnes (mnt) from the previous year’s 0.4 mnt, driven by sluggish demand from major buyers such as…