Tag: steelmakers scrap buying trends

US domestic supply crunch increases offers by $20-30/t Importing countries cautious; bookings slow across Asia US ferrous scrap export offers rose by up to $9/tonne (t) w-o-w, driven by domestic price hikes and tighter availability, though demand in key importing markets remained cautious. US steelmakers and scrap dealers finalised March scrap contracts with increases of…