scrap
Ferro Alloy

US: Ferrous scrap export index falls $6/t w-o-w on dull inquiries from key buyers

The US ferrous scrap export index has experienced a w-o-w decline, primarily due to weakened demand from Turkiye, which is currently focusing on pushing the imported price down amid cheap availability of European material. Additionally, the falling EU exchange rate is likely to support European suppliers in lowering their offers for Turkiye further impacting the […]