Tag: EU exchange rates
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US: Ferrous scrap export index falls $6/t w-o-w on dull inquiries from key buyers
Falling EU exchange rates further pressuring US exporters Turkish mills with multiple offers, but domestic steel sales remain slow The US ferrous scrap export index has experienced a w-o-w decline, primarily due to weakened demand from Turkiye, which is currently focusing on pushing the imported price down amid cheap availability of European material. Additionally, the…