Tag: shredded scrap shortage

US: Ferrous scrap export index rises by $10/t w-o-w amid tightening domestic supply

Jan 31, 2025

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by

Adarsh Ramteke

in Melting Scrap

Turkish mills rush to procure scrap before tags climb higher Bangladeshi mills become more active ahead of Ramadan US ferrous scrap export offers rose by around $10/tonne (t) w-o-w amid increasing competition for material, driven by tightening domestic supply. This price surge comes amid a significant rise in US deep-sea scrap offers for Turkiye. US…