Tag: US elections impact on scrap industry
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US: Ferrous scrap exports fall by 30% m-o-m in Sep’24 on weak demand from key buyers
Exports to Turkiye, Bangladesh, Mexico decline m-o-m Shredded, HMS (80:20) prices fall $3/t m-o-m in Sep’24 In September 2024, US ferrous scrap exports decreased significantly by 30% m-o-m to 1.12 million tonnes (mnt) from 1.6 mnt in August, according to customs data compiled by BigMint. Exports decreased 7% y-o-y to 11.24 mnt in the first…