Tag: US HMS 80:2 scrap prices
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US: Ferrous scrap export index rises $9/t w-o-w amid active trades
US scrap export rises on Turkish demand Bangladesh demand weak on freight, construction slump BigMint’s US ferrous scrap export index rose by $9/t this week, supported by strong Turkish demand and tightening global supply. With domestic scrap inventories steady, there is limited buffer to absorb any price corrections, further supporting export prices in the near…