Tag: ferrous scrap export index
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US: Ferrous scrap export index inches down by $2/t; suppliers cautious on potential port strike
HRC prices in US Midwest drop below $700/t US steel production remains largely stable The US ferrous scrap export index witnessed a decline of $2/tonne (t) w-o-w, with limited inquiries from major buyers such as Turkiye and Bangladesh resulting in minimal price changes. A potential strike by the International Longshoremen’s Association and the upcoming presidential…