Tag: US scrap offers
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US: Ferrous scrap export index falls by $22/t w-o-w, hits 2.5-year low
Bangladeshi mills wary, wait for clearer direction Weak Turkish demand to further reduce prices BigMint’s US ferrous scrap export index dropped by $22/tonne (t) this week, resulting in a total decline of $50-60/t since the start of the month. Following this sharp fall, the index hovered at levels last seen in November 2022, around 2.5…