Tag: scrap export markets
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Ferrous scrap export markets remain stable as weak demand offsets supply constraints
Brazil’s scrap market remains subdued amid uncertainty Low Rhine levels disrupt European scrap logistics Ferrous scrap export markets remained largely stable during the week ended 27 August, with weak downstream demand and cautious buying limiting price gains. However, tight scrap availability, elevated freight costs, and firm finished-steel prices provided underlying support across key markets. US…