Tag: scrap offer resistance
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US: Ferrous scrap export index falls by $2/t w-o-w as Turkiye, other Asian buyers pull back
Turkish mills resist high prices amid poor rebar sales Vietnamese mills make lower bids on trade uncertainty US ferrous scrap export prices declined slightly by $2/tonne (t) w-o-w, reflecting continued buyer resistance and subdued demand across key markets such as Turkiye, Vietnam, and Bangladesh, as mills remained cautious amid weak finished steel sales. FOB assessments (US…