Tag: US: Ferrous scrap export index recovers $3/t w-o-w after hitting 9-month low
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US: Ferrous scrap export index recovers $3/t w-o-w after hitting 9-month low
The US ferrous scrap export index increased slightly due to firm offers and limited availability, which pushed market sentiments towards the seller side. The index recovered by $3/tonne (t) w-o-w after hitting a nine-month low due to dull demand from major importers such as Turkiye and South Asian countries. Export activities were sluggish, with only…