US stainless scrap exports jump 16%
Nov 04, 2009 | 12:39 PM
| Michael Marley
Record shipments to China helped boost U.S. exports of stainless steel scrap by 16 percent in August.
Shipments to offshore specialty steel mills and scrap traders rose to 108,340 tonnes from 93,265 tonnes in July, according to the latest figures from the U.S. Commerce Department, putting the year-to-date total at 769,096 tonnes, an 8.7-percent increase from 707,621 tonnes in the first eight months of last year.
China emerged as the market leader in August, displacing Taiwan, which had been the top overseas market for U.S. stainless steel scrap for much of the past three years.....
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.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here