Tag: US: Ferrous scrap export index saw a rise of $7/t amid strong Turkiye buying

US: Ferrous scrap export index saw a rises of $7/t w-o-w amid active Turkish buying interest

May 16, 2025

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by

Adarsh Ramteke

in Melting Scrap

Demand for US-origin bulk scrap softens in Vietnam Turkish mills restocking before Eid al-Adha BigMint’s US ferrous scrap export index rose by $7/t this week, reflecting a renewed uptick in overseas buying interest, most notably from Turkiye, amid stronger finished steel markets and early restocking activity ahead of the upcoming Eid holidays. However, other buyers…