Tag: usa ferrous scrap exports
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USA: Ferrous scrap exports slide marginally in Nov’20 on tight availability
USA ferrous scrap exports marked a marginal decline m-o-m in Nov’20. USA exported 1.45 mn t in Nov’20, down by 1% from 1.47 mn t in Oct’20, as per customs data recorded with SteelMint. Tight availability amid lower collection rates due to winters led to lower exports. Turkey, which is the biggest importer from USA, witnessed a decrease of 12% to 3.88 mn t during 11 months from 3.47 mn t in the CPLY.…