Tag: US scrap price drop

US: Ferrous scrap export index drops $14/t w-o-w to over 2-year low amid weak buying interest

Jan 17, 2025

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by

Adarsh Ramteke

in Melting Scrap

Ample offers allow Turkish mills to secure lower tags US domestic prices may rise amid supply disruptions US ferrous scrap export offers fell by up to $14/tonne (t) w-o-w, as demand from key buyers such as Turkey and Bangladesh remained subdued. Notably, the index has plunged to its lowest point in over two years, with…