Tag: US scrap price increase
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US: Ferrous scrap export index rises by $11/t w-o-w on tight domestic supply, strong Turkish demand
Vietnam buyers cautious as bid-offer gap widens Turkiye seeks Apr shipments despite higher offers US ferrous scrap export offers rose amid strong demand from key markets, particularly Turkiye. Tight supply and firm seller sentiment pushed prices higher, with US-origin HMS 80:20 bulk scrap seeing gains across major destinations. FOB assessments (US East Coast, bulk) Shredded…