Tag: US shredded scrap market analysis
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US: Ferrous scrap export index rises by $4/t w-o-w amid rising finished steel prices
Stronger deep-sea offers lift prices to Nov’24 levels Domestic tags rise amid weather-related disruptions US ferrous scrap export offers increased by about $4/tonne (t) w-o-w, fuelled by stronger deep-sea scrap offers. Prices climbed up to levels last seen in November 2024, driven by rising finished steel prices and active February trading. Domestic scrap traders targeted…