Tag: market uncertainty.
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US: Ferrous scrap export index rebounds from 2.5-year low
Bangladesh buyers cautious, favouring nearby sources Demand in Turkiye weak amid limited trade activity BigMint’s US ferrous scrap export index rose by $5/tonne (t) this week, rebounding from 2.5-year lows seen in November 2022. The uptick was largely driven by uncertainty in the US domestic market and early signs of a mild recovery in Turkiye’s…