US exports of nonferrous scrap lose steam in Sept.

Nov 14, 2007 | 01:11 PM | Michael Marley

Weaker shipments of copper and nickel scrap dragged exports of nonferrous scrap metals down 4.4 percent in September from the previous month's pace.

Shipments of nonferrous scrap sagged to 263,097 short tons during the month, according to the latest data from the U.S. Commerce Department. That's down from 275,254 tons in August, which marked the high point so far this year. Despite the decline, shipments to foreign smelters and scrap importers rose to 2,187,689 tons during the first nine months of the year, up 6.4 percent from....

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