Tag: Eid holiday market slowdown

US: Ferrous scrap export index falls by $3/t w-o-w on muted Asian market, limited Turkish buying

Apr 4, 2025

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by

Adarsh Ramteke

in Melting Scrap

Eid holidays slow down import activity in Turkiye Bangladesh mills hold off from fresh scrap bookings The US ferrous scrap export index inched down by $3/t w-o-w, largely driven by weak buying interest from key Asian and Turkish markets during the Eid holidays and trade-related uncertainties. FOB assessments (US East Coast, bulk) HMS 80:20 decreased…