US copper scrap exports get Asian boost

Nov 19, 2009 | 08:23 AM | Tatyana Shumsky

Strengthening Asian demand pushed U.S. copper scrap exports 8.1 percent higher in September.

Shipments of the red metal scrap to China, Japan, South Korea and Taiwan all posted gains over August.

China (including Hong Kong) took 64,944 short tons of copper scrap from U.S. suppliers in September, accounting for 80.8 percent of total U.S. scrap exports of 80,355 tons, slightly higher than a 79.6-percent share of 74,309 tons exported in August. ....





Latest Pricing Trends

Poll

What is causing the most weakness to the U.S. metals industry?

Imports
Stagnant non-residential construction demand
Sequestration and government cuts
Global uncertainty, particularly in Europe
Too many suppliers chasing too few orders


View previous results

AMM Events