Tag: US: Ferrous scrap export prices rise by $3/t w-o-w but monsoon-hit South Asia stays cautious

Slow rebar sales, holidays curb demand from Turkiye Tariff uncertainty keeps market sentiment divided US ferrous scrap export prices edged up by $3/tonne (t) w-o-w, despite lingering uncertainty in the domestic market. The export segment remained under pressure from subdued demand, especially from South Asia, where a monsoon-led slowdown in construction activity dampened steel trades.…