Tag: scrap prices US rise
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US: Ferrous scrap export prices rise $3/t w-o-w; monsoon-hit South Asia stays cautious
Slow rebar sales, holidays curb demand from Turkiye Tariff uncertainty keeps market sentiment divided US ferrous scrap export prices edged up by $3/tonne (t) w-o-w, despite lingering uncertainty in the domestic market. The export segment remained under pressure from subdued demand, especially from South Asia, where a monsoon-led slowdown in construction activity dampened steel trades.…