Tag: weak construction demand Asia
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US: Ferrous scrap export prices fall by $3/t w-o-w; demand remains bearish
Weak buying from importers weighs on scrap prices Vietnam, Bangladesh see slight gains despite muted demand US ferrous scrap export prices softened and fell by $3/t w-o-w, pressured by weak buying interest from major importers, even as select markets showed pockets of activity amid varying local conditions. FOB assessments (US East Coast, bulk) HMS 80:20…