Tag: global steel supply

US ferrous scrap export index drops $5/t w-o-w amid dull buying interest

Nov 29, 2024

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by

Adarsh Ramteke

in Melting Scrap

Turkish mills turn focus on reducing inventories Bangladesh caps intake amid slow infra activity The US ferrous scrap export index dropped by $5/tonne (t) w-o-w as of Friday (29 November 2024), as major buyers such as Turkiye showed weak interest in US-origin bulk scrap amid sluggish steel markets. In Turkiye, with finished long steel prices…