Tag: European and Brazilian export scrap prices weaken w-o-w

  • US, European and Brazilian export scrap prices weaken w-o-w

    US, European and Brazilian export scrap prices weaken w-o-w

    Italian steel slowdown pressures European scrap consumption Strong US mill utilisation limits domestic price declines Global ferrous export scrap markets showed mixed trends during the week, with prices remaining broadly stable in the US and Brazil, while European markets continued to face downward pressure from weak export demand and softer Turkish import prices. Strong domestic…