Tag: Europe and Brazil amid cautious buying

Ferrous scrap export markets remain largely stable across US, Europe and Brazil

Sep 25, 2026

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by

Ramavath Mounika

in Melting Scrap

Higher freights support October price gain hopes Rotterdam HMS 80:20 rises $3/t to $357/t FOB Ferrous scrap export markets remained largely stable on 25 September, with firm export values, elevated logistics costs and limited scrap availability providing underlying support. US export prices strengthened on stronger Turkish demand, while subdued mill buying and logistical challenges kept…