Tag: Eid impact on scrap trade
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US: Ferrous scrap export index falls by $7/t w-o-w amid cautious buying sentiment
Turkish mills delay purchases awaiting price clarity Bangladesh demand slows during Eid holidays BigMint’s US ferrous scrap export prices fell $7/t w-o-w. US alternative iron prices (pig iron) held steady as buyers waited for clarity on tariffs and market trends. Domestic market Expected cuts in Brazilian pig iron supply may support prices amid weak scrap…