Tag: US: Ferrous scrap export index rises by $11/t w-o-w amid strong Turkiye demand

US: Ferrous scrap export index rises by $11/t w-o-w on tight domestic supply, strong Turkish demand

Mar 7, 2025

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by

Adarsh Ramteke

in Melting Scrap

Vietnam buyers cautious as bid-offer gap widens Turkiye seeks Apr shipments despite higher offers US ferrous scrap export offers rose amid strong demand from key markets, particularly Turkiye. Tight supply and firm seller sentiment pushed prices higher, with US-origin HMS 80:20 bulk scrap seeing gains across major destinations. FOB assessments (US East Coast, bulk) Shredded…