Tag: scrap market August outlook
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US: Ferrous scrap export prices fall by $3/t w-o-w amid Turkish holidays, slow Asia demand
Domestic mills settle July deliveries at June levels August outlook firm amid rising EAF mill capacity US ferrous scrap export prices declined by $3/tonne (t) w-o-w. The drop came as Turkiye, a major importer, remained largely inactive due to a national holiday, while some US domestic mills settled July deliveries at June levels. A trader…