No. 1 heavy melt exports jump 52%
Oct 27, 2009 | 08:30 AM
| Michael Marley
Stronger sales to several Asian and Mediterranean countries boosted U.S. exports of No. 1 heavy melting steel scrap by 52 percent in August.
Shipments to foreign steelmakers and foundries climbed to 608,628 tonnes in August from 400,249 tonnes the previous month, the latest U.S. Commerce Department figures show.
Although shipped in August, much of the scrap was actually ordered a month or two earlier, when the offshore scrap market was stronger. In recent weeks, prices and shipments of all ferrous grades have declined.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.