Tag: US Federal Reserve rate cut
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US: Ferrous scrap export prices remain stable w-o-w amid muted Turkish demand
Turkish demand muted during holidays Elevated freight rates weigh on trades US ferrous scrap export prices held steady w-o-w, with the market remaining in a cautious phase as participants preferred to stay on the sidelines rather than risk misjudging near-term direction. Cautious optimism persisted, supported by expectations of progress in US-China trade talks, although export…