Tag: steel billet vs scrap demand

US: Ferrous scrap export index falls by $18/t w-o-w amid weak interest from key markets

Apr 18, 2025

—

by

Adarsh Ramteke

in Melting Scrap

Turkish mills shift focus to cheaper Chinese billets Bearish flat steel outlook weights on US domestic scrap BigMint’s US ferrous scrap export index declined by $18/tonne (t) this week, weighed down by rising competition from cheaper steel alternatives. Export demand slowed as cheaper Chinese billets flowed into the global market, particularly impacting key US scrap…