Tag: US scrap market January 2025
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US: Ferrous scrap export index falls by $2/t w-o-w amid slow trade post-holiday season
Turkish mills avoid restocking on sluggish steel sales Material diverted to domestic mills amid slow exports US ferrous scrap export prices fell by $2/t w-o-w. The market remained slow after the Christmas and New Year holiday season, with purchasing activity yet to pick up. A sell-side participant stated that the export markets on both the…