Tag: European scrap market
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Ferrous scrap export markets remain largely stable across US, Europe and Brazil
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…